ONGC approves Rs 8,000 cr project
3 Nov 2012 2:07 AM GMT
Oil and natural gas major ONGC has finalised a Rs 8,000 crore surface facility revamping programme for its three onshore assets in Gujarat, a top company official has said.
The three onshore mature assets are Ankleshwar, Ahmedabad and Mehsana, ONGC chairman Sudhir Vasudeva said on Thursday.
Vasudeva said the project aims at replacing old pipelines and other surface infrastructure in the next three years. The three mature assets contribute over one- fifth of ONGC’s total domestic crude production, he added. Vasudeva said some of these pipelines are three to four decades old and leakages are common.
The three onshore mature assets are Ankleshwar, Ahmedabad and Mehsana, ONGC chairman Sudhir Vasudeva said on Thursday.
Vasudeva said the project aims at replacing old pipelines and other surface infrastructure in the next three years. The three mature assets contribute over one- fifth of ONGC’s total domestic crude production, he added. Vasudeva said some of these pipelines are three to four decades old and leakages are common.
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