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ONGC projections
Dec 04: 8On conservative basis, ONGC’s gas output is set to increase to 88 mmscmd by FY21 from 64 mmscmd in FY17, as several large projects come to fruition. The KG 98/2 project (starting Oct 2019) will contribute 11 mmscmd with the balance coming from Western offshore-Daman/C-26, Vashistha, WO-16 & B-127 and onshore assets. Get a year-wise projection of how gas and oil volumes will move for ONGC
8Meanwhile, OPAL (1.1MMT  ethylene capacity) will be highly profitable given secured feedstock supply — naphtha from ONGC’s own Hazira/Uran plants and C2/C3/C4 from rich fraction of Dahej LNG. Find out more on where the company is headed
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