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New Delhi, Dec. 24

The domestic natural gas production remained robust in November registering a 47.6 per cent increase year-on-year.

While the crude oil output continued its declining trend in November with production dropping by 1.5 per cent against the same month last year.

According to a data released by the Petroleum Ministry, the natural gas production grew to 4.06 billion cubic metres. The continued growth in natural gas production is backed by production from Reliance Industries Ltd operated D6 block in Krishna Godavari Basin, which started production from April this year.

The crude oil production in November fell to 2.793 million tonne (6,82,423 barrels per day) against 2.837 million tonne (6,93,173 barrels per day) in the same month last year. This decline in domestic crude oil output was led by lower production by ONGC.

The public sector exploration and production company produced 2.041 million tonne (4,98,684 barrels per day) of oil in November, a 3.5 per cent decline. Output at ONGC's Mumbai High fields, that accounts for half of the domestic annual oil production, fell 5.3 per cent to 1.421 million tonne (3,47,197 barrels per day).

Refinery throughput up

During the month the domestic refiners processed 4.9 per cent more crude oil at 13.45 million tonne (3.286 million barrels per day), the data showed.

The refinery throughput was up due to higher average capacity utilisation and increased crude processing by the refineries of Indian Oil Corporation (Guwahati, Barauni, Koyali, Haldia, Mathura and Digboi).

Refineries of Bharat Petroleum Corporation (Mumbai and Kochi), Hindustan Petroleum Corporation (Mumbai and Visakhapatnam), CPCL (Manali and Narimanam), and Reliance Industries (Jamnagar) also exceeded their production targets.

The crude throughput in Indian Oil Corporation (Panipat and Bongaigaon), Numaligarh Refinery Ltd, ONGC (Tatipaka), and Essar Oil (Vadinar) refineries was less than the target.

(This article was published in the Business Line print edition dated December 25, 2009)
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