ET
India’s crude oil production in September 2023 recorded a steady growth, with a total output of 2.4 million metric tonnes (MMT), according to data released by the Petroleum Planning & Analysis Cell (PPAC).
The Oil ministry detailed that the lion’s share of the production came from the Oil and Natural Gas Corporation (ONGC), which produced 1.5 MMT. Oil India Limited (OIL) contributed 0.287 MMT, while private sector producers added another 0.60 MMT to the tally.
The country also saw a 6.1% increase in crude oil imports for September 2023, in line with the April-September 2023 period that observed a 0.4% growth compared to the same duration the previous year.
