India’s crude oil and natural gas production experienced declines in 2024-25 due to falling output from mature fields. This decrease has led to a rise in the country’s import bill, with India importing 88% of its crude oil and 51% of its gas consumption.
- Next City gas firms to get pro-rata allocation of expensive “new well gas”: Govt
- Previous ONGC's cheaper APM gas supply falls, costlier new well supply doubles for city gas distributors
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