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Company updateCNBC-TV18

Oil India maintains FY27 crude output goal

Positive+20

GreyOak summary

Oil India Ltd. maintained its FY27 crude oil production target at 4 million metric tonnes. The company expects output to reach 4.1-4.2 MMT in FY28 and 10 MMT total oil equivalent by FY29. This growth is driven by the upcoming connection of the Duliajan feeder pipeline to the national gas grid, which will unlock additional gas production over the next 18 months.

What it affects

  • Oil IndiaOILPositive +20

    Maintains FY27 crude target at 4 MMT.Rolling sentiment Positive +18

Source

Read the original at CNBC-TV18

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