Announced Tue, 18 Aug · 17:18 IST
ONGC commissions Khoraghat gas facility linked to North East Gas Grid
ONGC · price
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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹239.50
prior close
₹241.10
base price
After-mkt
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AI summary
ONGC commissioned gas evacuation facilities at Khoraghat GGS-1 in Golaghat, Assam, enabling about 1 lakh Standard Cubic Metres per day of surplus gas from the Jorhat asset to flow into the North East Gas Grid via Indradhanush Gas Grid. Additional hook-up facilities are planned at Jantapathar and Kasomarigaon to connect more fields. The move complements the Dergaon-Dimapur pipeline linking Nagaland to the national grid.
Likely market impact
Modest near-term boost to gas volumes and a reduction in flaring; supports long-term growth in the North-East segment but limited impact on consolidated financials.