How much of crude oil was produced by OnGC Videsh Limited in the year of 2016

2017

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

How much of crude oil was produced by OnGC Videsh Limited in the year of 2016 - 2017?

A	12.6 million tonnes
B	5.2 million tonnes
C	3.2 million tonnes
D	8.5 million tonnes

Explanation:

Detailed explanation-1: -ONGC produces over 1.26 million barrels of oil equivalent per day, contributing around 71% of India’s domestic production. Of this, over 76% of crude oil produced is Light & Sweet. The Company holds the largest share of hydrocarbon acreages in India (61% in PEL Areas & 81% in ML Areas).

Detailed explanation-2: -ONGC Videsh is the first Indian Company to produce equity oil and gas abroad. ONGC Videsh’s production started in 2002-03 with commencement of production of Block 06.1 in Vietnam in January 2003. With sustained growth in production from its acquired assets, ONGC Videsh’s production reached 9.448 MMTOE in 2010-11.

Detailed explanation-3: -The volume of crude oil production in India in financial year 2021 amounted to about 30.5 million metric tons.

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