The major reason for production shortfall was delays in project implementation by ONGC and Cairn Energy
India missed oil and natural gas production targets by a wide margin due to fall in output at Reliance Industries' KG-D6 fields and delays in implementation of project by ONGC, according to Planning Commission. "Against crude oil production target of 206.73 million tonnes in 11th (Five Year) Plan period (2007-12), the anticipated achievement is 177 million tonnes, i.e. 14% below the target," the Plan Panel's draft note on Energy for the current 12th Five Year Plan period (2012-17) said.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/india-misses-oil-natural-gas-target-wide-margin
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/planning-commission
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rajasthan
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/reliance-petrochemicals
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bay-bengal
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
