Financial Daily from THE HINDU group of publications
Saturday, Jul 30, 2005
Financial Daily from THE HINDU group of publications Saturday, Jul 30, 2005 |
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Corporate
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Accidents ONGC restores 70% gas supply from Mumbai High Our Bureau
New Delhi , July 29 OIL and Natural Gas Corporation has restored about 7.2 million standard cubic metres per day (mscmd) of gas supplies from the Mumbai High fields. This is about 70 per cent of the normal gas supply, the ONGC sources said. The restoration of supply has been done from Bombay High South, which had earlier dropped to 20 per cent after the Bombay High North, a key oil facility, was destroyed in a fire on Wednesday evening. The Mumbai High fields produced 11 mscmd of gas and 2.6-lakh barrels of oil per day prior to the accident. Arrangements have been made to supply gas by bypassing the destroyed facility, the sources said. The company hopes to restore gas supplies to normal production in a few weeks, while 70 per cent of the lost oil output is likely to be restored in four weeks. They further said there is no spillage of oil. There are no storage facilities on the process platform. As part of the continuous process, crude oil collected from the wells is processed and dispatched by pipelines. The oil in process pipelines has also been burnt in the fire, they said, adding that since there was no surface fire reported, it indicates that there was no spillage.
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