India lost 3.79 MT oil worth Rs 11,276 crore due to less ‘water injection’ by ONGC: CAG Posted on March 24, 2022 by cngpump Out of this, value of oil deficit was Rs 7,802.50 crore for ONGC and the balance Rs 3,474.29 crore is revenue loss to the Government of India. Related posts: Maharashtra Budget proposes reduction in VAT on CNG to 3% from 13.5% INOX to invest Rs 750 crore to set up Oxygen plant at SAIL Bokaro India’s import of Russian oil less than 1% of total; share from US to rise: Puri DGMS, OIL, ONGC hold workshop on occupational safety in oil and gas mines MEIL to commission 15 oil and gas rigs for ONGC by May ONGC fails to get bids in its tender to sell Russian oil- sources Bondholders stare at mark-to-market losses after Nayara Energy downgraded ONGC says arbitrators overcharging; urges Supreme Court to fix uniform fees Euro zone in trade deficit for third month as energy costs surge Global crude oil price surges amid warnings of supply shortages