ONGC rejects A P Shah claim

The report noted and accepted the D&M Report findings of connectivity between the two reservoirs in Krishna-Godavari basin.

Update: 2016-09-08 19:28 GMT
ONGC said crude oil production dropped 4.8 per cent to 6.03 million tonne but gas output rose 6.6 per cent to 6.7 billion cubic metre. (Photo: File)

New Delhi: ONGC on Thursday contested Justice (retired) A.P. Shah Committee report that the PSU had prior knowledge of natural gas from its Krishna Godavari fields flowing to adjoining KG-D6 block of Reliance Industries.

“ONGC had no knowledge about this earlier. As soon as we came to know about this we took action in 2013. It seems that there is no mention our submission on this (Shah Committee) in the report. I don’t know what is the reason for that and why there is no mention of our submissions,” ONGC chairman and managing director D.K. Sarraf said in a press conference after company’s AGM here.

In submissions to the Shah Committee, “we had very strongly submitted that ONGC had no prior knowledge,” he said. The report noted and accepted the D&M Report findings of connectivity between the  two reservoirs in Krishna-Godavari basin.

Similar News