ONGC has signed gas selling contracts with GAIL India and Assam Gas Company Ltd (AGCL) to monetize its forthcoming field at Khubal in North Tripura area.
According to the agreement, Khubal Gas Gathering Station (GGS) would supply 50,000 standard cubic metres of gas each to GAIL and AGCL.
Khubal will be ONGC’s eighth producing field in Tripura once it begins production. According to him, Khubal GGS will have the ability to process 0.44 MMSCMD (4,40,000 standard cubic metres) of gas, and building has already begun.
“It marks a momentous occasion not just for ONGC, GAIL and AGCL but for the people of Northeast as well, as it means more gas will find its way into industries and people’s homes, positively impacting living standards,” asset manager of ONGC Tripura Tarun Malik said.