Union Minister Hardeep Singh Puri Announces New Oil Discovery off Krishna Godavari Basin
Updated: January 9, 2024 10:27 AM IST
India announced its first oil extraction from a new discovery in the Krishna Godavari Basin, starting with 4 wells and targeting 45,000 barrels per day by June. This will contribute 7% to both crude oil and gas production. Phase 3 is underway, aiming for peak production by June 2024.
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