India's Gas Production increased by 18% last year
India has deployed 159 rigs and drilled 545 production wells during 2017-18 which stands globally fifth but the oil and gas production is not commensurate with the wells drilled.
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New Delhi: India, the third largest crude oil importer in the world is working on oil and natural production making it to a large number and also steadily begun the growth.
Back in 2011-12, India faces a steady decline in domestic crude oil and natural gas production. However, the country cope up with Gas production which is now increased by 18% last year.
The declining trend in gas production has been reversed from 28.7 billion cubic metres (bcm) in 2020-21 to 34 BCM in 2021-22 and 36 BCM (estimated) in 22-23.
India has deployed 159 rigs and drilled 545 production wells during 2017-18 which stands globally fifth but the oil and gas production is not commensurate with the wells drilled.
Recently the Union Minister of Petroleum and Naural Shri Hardeep Singh Puri inaugurated the 201st CNG Station of AG&P Pratham & 4th LCNG Station of the company in Hebbal, Mysuru, which is a lead step toward India’s transition into a gas-based economy.
This will increase the share of natural gas in the primary energy mix from 6.3% to about 15% by 2030.
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