Monthly Production Report of Crude Oil and Natural Gas
Question: Consider the following statements:
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 the month of December, 2018, was 4.32 % lower than the target for the month of the above correct statement/s is/are:
(a) Only 1
(b) Only 2
(c) Only 3
(d) All of the above
Answer: (d)
Related facts:
- On 24th January 2019, Production Report of Crude Oil and Natural Gas for the month of December, 2018, was released by Ministry of Petroleum & Natural Gas.
- Crude Oil Production during December, 2018, was 2862.35 TMT which is 10.13 % lower than target and 4.3 % lower when compared with December, 2017.
- Cumulative Crude Oil Production during April-December, 2018 was 25937.54 TMT which is 5.83% lower than target for the period and 3.7% lower than production during corresponding period of last year.
- Natural Gas Production during December, 2018, was 2866.51 MMSCM which is 4.86 % lower than the target for the month by 4.19 % higher when compared with December, 2017.
- Cumulative Natural Gas Production during April-December, 2018 was 24650.25 MMSCM which is 7.26% lower than target for the period and 0.15% lower than the production during corresponding period of last year.
- Refinery Production during December, 2018, was 21031.92 TMT which is 4.32 % lower than the target for the month and 4.96 % lower when compared with Dec. 2017.
- Cumulative Production during April-December, 2018 was 192681.14 TMT which is 1.0% higher than the target for the period and 2.51% higher than the production during corresponding period of last year.