Question: Consider the following statements in reference to production of Crude Oil and Natural Gas:
1) The monthly production report of crude oil and Natural Gas in Dec. 2018 was released by Ministry of Petroleum & Natural Gas.
2) According to report crude oil & Natural Gas Production has registered de – growth within the specified Target for the Month.
3) Refinery production during December 2018 is 4.32 percent lower than the target for the month.
In the light of the above facts which of the following alternatives are true;
(a) Only 1
(b) Only 2
(c) Only 3
(d) All of the above.
Answer: (d)
Related facts:
- On 24 Jan 2019, a monthly production report of crude oil and natural gas in Dec. 2018 was released by Ministry of Petroleum & Natural Gas.
- According to report Crude oil production during Dec. 2018 was 2862.35 TMT which is 10.13 percent lower than target and 4.3 percent lower when compared with Dec. 2017.
- Natural gas production during Dec. 2018 was 2866.51 MMSCM which is 4.86 percent lower than the target for the month by 4.19 percent higher when compared with Dec. 2017.
- Refinery production (in terms of crude oil processed) during Dec.2018 was 21031.92 TMT which is 4.32 percent lower than the target for the month and 4.96 percent lower when compared with Dec. 2017.
- LPG production registered a de-growth of 6.4 percent during Dec. 2018, over December 2017.
- Natural Gas Gross production in December 2018 was 2866.51 MMSCM which is 4.19% higher when compared with December, 2017.
Links: https://www.ppac.gov.in/WriteReadData/Reports/201901250430313071380WebVersion_MonthlyReportDec2018.pdf https://www.ppac.gov.in/WriteReadData/Reports/201901250552110702121MonthlyGasReportDec2018.pdf
http://pib.nic.in/newsite/PrintRelease.aspx?relid=187716