scorecardresearchONGC to see $3 bn rise in earnings, Reliance $1.5 bn from gas price hike: Report

ONGC to see $3 bn rise in earnings, Reliance $1.5 bn from gas price hike: Report

Updated: 04 Apr 2022, 09:28 AM IST
TL;DR.
Gas accounts for 58% of domestic gas production for ONGC.
Gas contributes to 58 percent of ONGC's domestic gas output, and a change in the gas price of $1 per mmBtu lowers ONGC's earnings by 5-8 percent.

Gas contributes to 58 percent of ONGC's domestic gas output, and a change in the gas price of $1 per mmBtu lowers ONGC's earnings by 5-8 percent.