Thursday, January 28th, 2021 04:40:40

Dharmendra Pradhan dedicates the 8th producing Basin of India

Updated: December 30, 2020 11:25 am

Bolstering efforts to meet one of the vital essentials, the energy need for AtmaNirbhar Bharat, Dharmendra Pradhan, Minister for Petroleum & Natural Gas and Steel dedicated the Bengal Basin, the 8th producing basin of India, to the nation on 20thDecember, 2020 at Asokenagar, West Bengal.

ONGC took a major step by commencing oil production from the well Asokenagar-1, Bengal Basin in 24 Paragana district. The well Asoknagar-1 was completed as an oil producer under Early-Monetization Plan issued by Government of India. This makes ONGC having discovered and put to production seven out of the eight producing basins of India covering 83 percent of established oil & gas reserves. ONGC is India’s largest oil and gas producer contributing 72 percent of the country’s hydrocarbon production.

Dharmendra Pradhan, while dedicating the Asokenagar discovery to the nation, said that the discovery would play a role for India’s energy security. He stated that the discovery would be definitely add to our commitment towards Hon’ble Prime Minister Narendra Modi’s clarion call for reducing oil import dependence.

 

 

 

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