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Privatization of ONGC and OIL fields: Is there a hint in what the the ministry is saying?
Mar 13: Is there a  hint in the petroleum ministry's observations that while private sector fields such as Panna-Mukta and KG D-6 have shown a gradual erosion of production, public sector fields have stood up well to natural decline by employing well though out EOR and IOR programmes?
8The move to hive off  ONGC and OIL's declining fields to the private sector through some kind of a service contract or JV format had been doing the rounds
8But is the government having second thoughts?
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