Ak Srinivasan

Royalty may pare revenue by Rs 1700 cr; no word on merger: ONGC

Speaking on the GDF stake sale in Petronet LNG, Srinivasan said that the promoters will not buy any of it as the structure of the company is on a joint venture basis, which would deviate.

See royalty payment impact on PAT at Rs 1600-1700 cr: ONGC

ONGC will have to settle dues worth Rs 2500 crore and this could have a Rs 1600-1700- crore impact on profit, says Director-Finance AK Srinivasan.

Merger of oil cos a tough task, but has its merits: HPCL

Merging all the oil companies into one entity looks difficult even though it has financial benefits, says HPCL‘s Chairman and Managing Director, MK Surana, commenting on the Finance Minister Arun Jaitley‘s Budget proposal to merge state oil firms to create an oil behemoth

Gas prices may fall to $ 2.40-2.45/unit on GVC basis: ONGC

Despite the price fall, ONGC is confident of volumes improving on back of project implementation, says AK Srinivasan, Director - Finance at ONGC.

Re 1 hike in kerosene will save Rs 700 cr for system: ONGC

Currently, the company has a capital expenditure plans of about Rs 30,000 crore. AK Srinivasan of ONGC sees the net average realisation of USD 45-47 a barrel.

Expect FY17 volumes to be better than FY16: ONGC

A turnaround in the demand environment is likely to make fiscal year 2017 volumes better than 2016, says AK Srinivasan, Director Finance, ONGC.

Positive impact of $5-6/bbl if cess on crude is removed: ONGC

The government is looking to re-impose custom duty of 5 percent on imported crude oil. ONGC's director - finance AK Srinivasan says, this too will be positive and the company will see a positive impact of Rs 2,000 crore on EBITDA.

Crude near 7-year low: How will it impact ONGC?

In an interview to CNBC-TV18, AK Srinivasan, Director-Finance of Oil & Natural Gas Corporation (ONGC) spoke about the latest happenings in his company and sector.