Boost to Aatmanirbhar Bharat! ONGC commences 'First Oil' production from flagship deep-water asset; PM Modi reacts
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India's state-controlled Oil and Natural Gas Corporation (ONGC) kicked off oil production from its flagship deep-water project in the Krishna Godavari basin offshore the nation's eastern coast.
Union Minister for Petroleum and Natural Gas and Housing and Urban Affairs Hardeep Singh Puri took to X and said that it was the "First Oil" production commenced from the complex and difficult deepwater KG-DWN-98/2 Block, situated off the coast of the Bay of Bengal.
The union minister further said that the energy production of the country is also set to rise from the deepest frontiers of Krishna Godavari.
बधाई भारत! #ONGCJeetegaToBharatJeetega!
— Hardeep Singh Puri (@HardeepSPuri) January 7, 2024
As India powers ahead as the fastest growing economy under leadership of PM @NarendraModi Ji, our energy production is also set to rise from the deepest frontiers of #KrishnaGodavari
“First Oil” production commences from the complex &… pic.twitter.com/gN2iPSs0YZ
bdhaaii bhaart! #ONGCJeetegaToBharatJeetega! As India powers ahead as the fastest growing economy under leadership of PM @NarendraModi Ji, our energy production is also set to rise from the deepest frontiers of #KrishnaGodavari. "First Oil" production commences from the complex and difficult deepwater KG-DWN-98/2 Block, situated off the coast of Bay of Bengal," he said.
Further, he said that the production is expected to be 45,000 barrels per day and over 10 million cubic metres of gas per day, contributing towards an energy Aatmanirbhar Bharat.
"This project is expected to add 7 per cent to current national oil production and 7 per cent to national Natural Gas production!" he added.
Prime Minister Narendra Modi said that producing first oil from its Krishna-Godavari deepwater block with estimated peak production of 45,000 barrels of oil per day is a “remarkable step in India’s energy journey” and it will boost the government’s Aatmanirbhar Bharat mission.
This is a remarkable step in India’s energy journey and boosts our mission for an Aatmanirbhar Bharat. It will have several benefits for our economy as well. https://t.co/yaW7xozVQx
— Narendra Modi (@narendramodi) January 8, 2024
“This is a remarkable step in India’s energy journey and boosts our mission for an Aatmanirbhar Bharat,” PM Modi said in a post on X, formerly Twitter, adding that it will also have several benefits for the country’s economy.