ONGC FY10 output may be lower than target

Published on Mon, Mar 15, 2010 at 11:00 |  Source : Reuters

Updated at Mon, Mar 15, 2010 at 13:13  

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ONGC FY10 output may be lower than target

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Explorer Oil and Natuarl Gas Corp's domestic oil output is seen at 24.9 million tonnes in the current financial year ending March 31, lower than the 25.76 million tonnes target, an official said.

"Our fields are maturing. New fields have not come on stream ... there has been a delay," ONGC 's director for offshore operations, S. Vasudeva, told reporters at a conference on Monday.

  

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