Crude oil,natural gas production falls in August

New Delhi, Sept 25 (UNI) Crude oil production in the country has dipped 2.8 per cent at 2.874 million metric tonne (MMT) from the set target of 2.958 MMT for August 2007, according to Government data released today.

For the April-August period, the production decreased by 1.5 per cent to 14.146 MMT against targeted production of 14.367 MMT.

For the same period last year, the actual production stood at 14.008 MMT.

State-run ONGC's crude oil production decreased 5.3 per cent at 2.176 MMT against 2.298 MMT targeted production, while OIL's production slipped 10.9 per cent at 0.262 MMT against the targeted 0.294 MMT.

However, the private/JVC registered a surplus production of 19.1 per cent at 0.436 MMT against the set target of 0.366 MMT.

The country's natural gas production for August decreased 4.9 per cent to 2,690 MCM (Million Cubic Metres) against the planned target of 2,828 MCM.

For April-August this year, the production slipped 2.6 per cent to 13,111 MCM against the set target of 13,457 MCM.

For the same period last year, the production stood at 12,909 MCM.

ONGC registered 1.6 per cent increase at 1,918 MCM against the planned target of 1,887 MCM. However, OIL slipped 19.5 per cent to 190 MCM against target of 236 MCM.

The private/JVC registered a dip of 17.4 per cent at 582 MCM against the target of 705 MCM.

UNI