Increase of 4.3 million cubic metres; Natural gas production of Assam rises but misses target

Staff Reporter

Guwahati: In the first seven months of the current financial year (2023-24), the production of natural gas in Assam has not been able to meet the intended target, but if it is compared with the first seven months of the last financial year (2022-23), then the production shows an increase of 4.3 million cubic metres.

Recently, this was revealed in a report titled ‘Review of Infrastructure Sector Performance, October 2023’ by the Union Ministry of Statistics and Programme Implementation (Infrastructure and Project Monitoring Division).

According to the report, from April to October 2023, Assam’s target of natural gas production (ONGC and OIL) was pegged at 1938.72 million cubic metres, but the actual achievement in production was 1866.27 million cubic metres. Thus, the difference between the targeted and actual production is 72.45 million cubic metres.

However, when a comparison is made regarding the production of natural gas between the first seven months of last year and this fiscal year, an increase can be discerned, which comes to 4.3 million cubic metres. From April 2022 to October 2022, the production of natural gas in Assam was 1861.97 million cubic metres.

The report shows the production figures of ONGC and OIL separately for the first seven months of the year 2023–24. ONGC produced 196.48 million cubic metres of natural gas against the target of 274.13 million cubic metres. Meanwhile, Oil India Limited (OIL) produced 1669.79 million cubic metres against the target of 1664.59 million cubic metres. From the figures quoted in the report, it is clear that OIL has slightly exceeded its target, but ONGC could not achieve its target in the same period.

The figures provided for 2023–24 in the report are provisional in nature, as stated.

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