Dip in India's Target Crude Oil Production Due to COVID-19, an Industrial Info Market Brief

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As reported by the Ministry of Petroleum and Natural Gas, crude oil production in India during May was 2,602.40 thousand metric tonnes (TMT), which is 3.46% lower than its target and 7.06% lower when compared with May 2019. The main reason for the shortfall, quoted by the oil and gas players, was a loss of production due to the nationwide lockdown for COVID-19. Industrial Info is tracking 381 operational oil and gas production plants in India. Click here for a list and see map below.