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ONGC and Indian Oil Forge Strategic Partnership to Establish LNG Plant Near Hatta Gas Field

ONGC and Indian Oil Forge Strategic Partnership to Establish LNG Plant Near Hatta Gas Field

Bengaluru, 24 June 2024: ONGC and India Oil Corporation Limited (IOCL) signed a memorandum of understanding (MoU) to establish a small-scale Liquefied Natural Gas (LNG) plant near the Hatta Gas Field in the Vindhyan Basin on 17 June 2024. The establishment of the Hatta LNG plant will significantly enhance the Vindhyan Basin’s status, upgrading it from a Category II to a Category I Basin.

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