India seeks to increase natural gas production India´s

Petroleum Ministry has forecast an estimated 75 per cent increase in natural gas production over the next five years. Currently, India´s gas production is around 100 million standard cubic meters a day, but the Ministry expects to be producing between 163 million and 175 million standard cubic meters a day over the next five years. The Petroleum Ministry expects national E&P major ONGC Limited to account for the bulk of the higher output. The company is boosting production from 24 billion cubic metres in the current yearto 35 billion cubic metres by 2019 through the development of its new blocks.