PM Modi hails start of oil production from ONGCs deep-sea project in Krishna Godavari basin

Prime Minister Narendra Modi has hailed the start of oil production from state-owned ONGCs flagship deep-sea project in Krishna Godavari basin, calling it a remarkable step in Indias energy journey and a boost to the mission for an Aatmanirbhar Bharat.

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New Delhi, January 8: Prime Minister Narendra Modi has lauded the commencement of oil production from the state-owned ONGC's flagship deep-sea project in the Krishna Godavari basin. This significant milestone marks a transformative moment in India's energy journey and bolsters the nation's mission towards self-reliance (Aatmanirbhar Bharat).

Harnessing the Deepest Frontiers

In a post on social media, Oil Minister Hardeep Singh Puri expressed his enthusiasm, stating that as India surges ahead as the fastest-growing economy under the leadership of Prime Minister Modi, the country's energy production is poised to rise from the deepest frontiers of the Krishna Godavari basin. The commencement of oil production from the complex and challenging deepwater KG-DWN-98/2 Block, situated off the coast of the Bay of Bengal, holds immense promise.

The block is expected to yield a substantial 45,000 barrels of oil per day and over 10 million cubic meters of gas per day, contributing significantly to India's energy security and economic growth.

Prime Minister Modi's Commendation

Prime Minister Modi acknowledged the remarkable step forward in India's energy journey, emphasizing its positive impact on the nation's economy. He highlighted the numerous benefits that this achievement will bring, further propelling India towards self-sufficiency.

Reversing the Decline

The Oil and Natural Gas Corporation (ONGC) announced the commencement of oil production from its flagship deep-sea project in the Krishna Godavari basin, marking a significant turning point in reversing years of decline in output. The first oil from the deep-water KG-DWN-98/2 block in the Bay of Bengal flowed on January 7, signaling a new era of energy production for India.

The commencement of oil production from ONGC's deep-sea project in the Krishna Godavari basin is a testament to India's unwavering commitment to energy independence and economic prosperity. Under the visionary leadership of Prime Minister Narendra Modi, the nation is poised to harness its abundant natural resources and emerge as a global energy powerhouse.