ONGC Full Form | What Does ONGC Stand For?

ONGC: Oil and Natural Gas Corporation

ONGC Full Form

ONGC full form stands for Oil and Natural Gas Corporation. The Oil and Natural Gas Corporation (ONGC) is a Government of India-owned corporation and multinational crude oil and gas company. In November 2010, the Government of India gave him Maharatna status.

ONGC has discovered seven out of eight Indian basin manufacturers combining more than 7.15 billion tonnes of oil and gas to replace hydrocarbons in the Indian basin.

Brief Explanation

ONGC was established on 14 August 1956 by the Government of India. Its registered office is in New Delhi. It is involved in the discovery and exploitation of hydrocarbons in 26 sedimentary basins in India and owns and operates more than 11,000 km of pipelines in the country.

The government has the Ministry of Petroleum and Natural Gas. It is the country’s largest oil and gas exploration and production company and produces about 70% of India’s crude oil (equivalent to 57% of the country’s total demand) and about 84% of its natural gas.

Function

ONGC provides crude oil, natural gas, and value-added products to major oil and gas refining and marketing companies. Its main products are crude oil and natural gas for the Indian market.

What Is The Full Form Of ONGC?

ONGC full form stands for Oil and Natural Gas Corporation. It is a Government of India-owned corporation and multinational crude oil and gas company. It is the country’s largest oil and gas exploration and production company.

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