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ONGC's Counter

ONGC's Counter
outlookindia.com
-0001-11-30T00:00:00+0553
  • If ONGC's record in non-NELP blocks is considered, its 'success ratio' is as good as private players
  • ONGC has also tied up with a mid-sized firm while bidding for small fields under NELP-VI
  • ONGC is on the verge of major discoveries in the near future; its contribution can't be negated
  • In 2005-06, ONGC added 137 million tonnes to India's reserves, against 66 million tonnes by private players
  • The DGH is trying to throttle ONGC's growth by unfairly denying it contracts that're legitimately due
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