ONGC
is a premier oil and gas company in India, accounting for 71% of the
country’s crude oil production and 54% of its natural gas production in
2011-12. It is also a significant producer of value added products such
as liquefied petroleum gas (LPG), superior kerosene oil (SKO), and
naphtha. GoI is the majority shareholder in ONGC, with a 69% equity
stake as of now.
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