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ONGC draws plan to fight insurgency on oil installations

Posted on 20 August 2008

The meeting was chaired by CMD RS Sharma and was attended by FODAG, Coast Guard, IB and other senior management of ONGC, including board members and executive directors of Western Offshore. Detailed discussions were held on the possible threat perceptions and preparedness to meet any untoward eventuality.

The meeting assumes high significance from national security perspective as ONGC has its major oil-producing assets in Western Offshore along the extensive coastline of Maharashtra and Gujarat having investment of around US$24 billion with daily contribution of 335,000 bbl of oil and 41 million cu m of gas.

Mr Sharma said there can be no compromise on the security and safety of oil and gas processing facilities. He reiterated that the design of insurgency is to destabilize the economy of the country and as a major upstream company, it’s “ONGC’s endeavor and commitment to ensure a secure and sufficient supply of energy availability to the billion population country. Security of the producing assets is a critical step towards this challenge.”

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