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ONGC to invest Rs 40,000 cr in K-G basin in four years

Industry Petroleum & Natural Gas

ONGC is planning a multi phase extraction of 25 million standard cubic metres per day (mmscmd) of gas in the K-G basin by 2018 and will also look into exploration of oil by 2019. Approximate cost of the project is around Rs. 40,000 crores.

Extracted from BS, Mar 25,’15

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