Latest Sakhalin field News & Updates

New Delhi, June 21 (IANS) The Oil and Natural Gas Corp (ONGC) is bullish on its natural gas production, which is expected to clock an annual growth of 7 to 8 per cent with new wells scheduled to go on stream during the next financial year, Chairman Arun Kumar Singh has said.Singh said that ‘new well gas’ production is rising sharply and already accounts for about a quarter of total gas output, and could reach 30-36 per cent in the near term and eventually dominate ONGC’s gas portfolio as mature …