Gas output ceases, oil is down 75%

Gas output ceases, oil is down 75%

The two major PSU fuel producers, Oil India Ltd and Oil and Natural Gas Corporation

FPJ BureauUpdated: Monday, December 16, 2019, 06:36 AM IST
article-image

GUWAHATI: Crude oil and gas production in Assam has been badly disrupted by the ongoing state-wide protests, affecting the supply of petrol, diesel and LPG in many districts.

The two major PSU fuel producers, Oil India Ltd and Oil and Natural Gas Corporation, on Sunday said their gas output has almost stopped, while oil production is down by over 75 per cent, since protests erupted in the state.

"Our gas production has almost ceased. In the crude oil segment, we were producing 9,000 tonnes per day, which has come down to just 1,000 tonnes," a senior official from OIL told PTI.

The company is operating only 50 out of its about 400 oil and gas producing wells. Filled LPG cylinders are lying stacked at oil terminals as vehicle transport has come to a halt. Tankers are stranded on highways.

The other day, Oil India had issued an appeal to the people of the State to allow it to carry out day-to-day operations. The appeal issued in a leading English daily cautioned that the “total disruption of operational activities will adversely impact the economy of the State and the lives of the common people.

RECENT STORIES

Silver Surges Nearly 5%, Gold Hits ₹1.57 Lakh Amid Global Market Rebound
Silver Surges Nearly 5%, Gold Hits ₹1.57 Lakh Amid Global Market Rebound
Mukhyamantri Majhi Ladki Bahin e-KYC Correction Last Call, Miss March 31 And Monthly ₹1,500 Aid...
Mukhyamantri Majhi Ladki Bahin e-KYC Correction Last Call, Miss March 31 And Monthly ₹1,500 Aid...
Zydus Lifesciences Q3 Profit Rises 1.8% YoY To ₹1,042 Cr, Revenue Jumps 30%
Zydus Lifesciences Q3 Profit Rises 1.8% YoY To ₹1,042 Cr, Revenue Jumps 30%
SBI Share Price Jumps 6% Post Q3 Results, Biggest Single-Day Gain Since June 2024 Makes It Nifty Top...
SBI Share Price Jumps 6% Post Q3 Results, Biggest Single-Day Gain Since June 2024 Makes It Nifty Top...
Who Is KK Mishra Of Banshidhar Tobacco, Businessman In Spotlight After Son’s Lamborghini Crash...
Who Is KK Mishra Of Banshidhar Tobacco, Businessman In Spotlight After Son’s Lamborghini Crash...