ONGC to quadruple output from Bay of Bengal gas field that cost $1 bn

India’s state-owned exploration company Oil and Natural Gas Corp will by early 2019 quadruple the output from an offshore gas block in the Bay of Bengal that it spent a billion dollars on last year, according to a senior ONGC official.

Output from the Deendayal natural gas block off India’s east coast will reach as high as a million standard cubic metres per day by January 2019, according to Rajesh Kakkar, head of ONGC’s offshore division. ONGC bought the Deendayal field in 2017 from state-owned company Gujarat State.....

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