(The Hans India)
The public-sector Oil and Natural Gas Corporation (ONGC) has taken up two developmental projects, onshore and offshore operations in the KG Basin area, namely Vashishta and S1 Development Project and KG DWN 98/2 development project.
According to ONGC sources, of the two Vashishta and S1 Development Project has been taken up with a capital investment of USD $751 million expecting a production gains of 5.95 MMSCMD. The onshore project terminal at Odalarevu will have gas availability by last quarter of 2017.
