Report
EUR 174.04 For Business Accounts Only

Oil and Natural Gas Corporation Ltd.: India's natural gas price increase is credit positive for ONGC

India's increase of natural gas prices is credit positive for the country's integrated oil and gas producer, ONGC.
Underlying
Oil & Natural Gas Corp. Ltd.

Oil and Natural Gas is engaged in exploration, development and production of crude oil and natural gas. Co.'s business also includes niche areas like -processing of crude oil & natural gas; oil field services, transportation of the oil and natural gas, production of value added products like - LPG, Naphtha, Superior Kerosine Oil, ATF, C2-C3, etc., Refinery, Petrochemicals, Power, unconventional and alternate sources of energy. Co.'s five international locations as per oil & gas production are in Vietnam, Russia, Venezuela, Sudan, South Sudan, and Colombia. Co.'s five international locations as per oil & gas reserves are in Russia, Venezuela, Sudan, South Sudan, Myanmar and Vietnam.

Provider
Moody's Investors Service
Moody's Investors Service

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