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India's oil production in Feb dips 6.4% on lower pvt sector output

State-owned Oil and Natural Gas Corp (ONGC) reported a 4.64 per cent rise in production at 1.67 million tonnes as output from its offshore fields saw a pick-up.

March 25, 2020 / 15:14 IST
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India's oil production fell 6.4 per cent in February as a decline in output from fields operated by private firms negated a rise in production from ONGC fields. Crude oil production at 2.39 million tonnes in February was 6.41 per cent lower than 2.56 million tonnes output in the same month a year back, according to official data released by the oil ministry here.

State-owned Oil and Natural Gas Corp (ONGC) reported a 4.64 per cent rise in production at 1.67 million tonnes as output from its offshore fields saw a pick-up.

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However, fields operated by the private sector firms reported a 32.6 per cent drop with those in Rajasthan seeing a sharp 32.3 per cent lower production.

Rajasthan fields operated by Vedanta Ltd was lower because of "shutdown from February 5 to 29, for major plant maintenance activities," the ministry said.