The state-owned Oil and Natural Gas Corporation (ONGC) has become the first gas producer to sell domestic gas on the Indian Gas Exchange, exchanging unidentified amounts from the KG-DWN-98/2 block off the coast of India. ONGC stated in a statement that it will gradually raise output. ONGC has made history by becoming India’s first exploration and production (E&P) company to trade domestic gas on the Indian Gas Exchange.
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