2 days Ago
Natural gas production and consumption fell in August over the same period last year. Natural gas output fell 3.7% to 3,048 million metric standard cubic meters (MMSCM) in August, according to the oil ministry data.
Output declined 4.7% at ONGC fields and 3.5% at the private sector fields in August.
For the April-August period, the output was 2.2% higher at 15,183 MMSCM. ONGC accounts for half of the country’s gas production.
Gas consumption declined 1% to 5,792 MMSCM in August as demand from the power sector declined following rains that brought down temperatures across the country. Scorching heat had sharply pushed up gas demand for air-conditioning this summer. For April-August, national gas consumption was up 18.
4% at 30,003 MMSCM. India imports half the gas it consumes. The estimated liquefied natural gas (LNG) import in August 2024 was 2,794 MMSCM, 2.
4% higher than in the same month last year. The import was 17.4% higher for the April-August period at 15,064 MMSCM.
Domestic production of crude oil dropped 2.9% to 2.4 million metric tonnes (MMT) in August.
ONGC produced 1.6 MMT while Oil India produced 0.3 MMT and the private players 0.
5 MMT in August. Domestic crude oil production has fallen 2.6% in the April-August period.
Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Basics of Generative AI : Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Finance Financial Literacy - TDS, Budget, Income Tax Act, GST, Indirect tax By - CA Rahul Gupta, CA with 10+ years of domain experience, trainer View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor at Haas School of Business View Program HR & People Management Human Potential and the Future of Employment By - Lynda Gratton, Co-chair of the World Economic Forum Council on Work, Wages and Job Creation, Professor of Management Practice View Program Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program Finance Financial Reporting and Analytics By - Dr.
C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Crude oil imports rose 6.
4% in August and 3.3% in April-August. India imported $11.
6 billion worth of crude oil and $1.2 billion worth of LNG in August. Crude import bill has risen to $60.
6 billion for the April-August period from $52.8 billion a year earlier. LNG import bill has expanded to $6.
1 billion from $5.4 billion mainly on volume expansion. (You can now subscribe to our Economic Times WhatsApp channel ).
