Question : LOSSES SUFFERED BY ONGC

 

(a)   whether Oil and Natural Gas Corporation (ONGC) has suffered a huge loss in finalization of contracts for Mumbai High Redevelopment Plan;  

(b)   if so, the details in this regard;  

(c)   whether the Government has made any investigation into the matter;  

(d)   if so, the outcome thereof; and  

(e)   the action taken by the Government against the persons responsible therefor?    

  MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI DINSHA PATEL)  

(a)       No Sir.  In fact, as on January 01, 2008, the cumulative incremental oil gain since commencement of production from redevelopment wells of Mumbai High is around 21.88 Million Metric Tonnes (MMT) against the target of 21.37 MMT.

(b) to (e)         Do not arise in view of (a) above.