Oil and Natural Gas Corp will restart its flood-hit Hazira gas plant in Gujarat two days ahead of schedule. The restart has been rescheduled for August 19 to avert a fuel supply crisis. Hazira will restart in phases, with 6 million standard cubic metres per day initially, just in time before stocks for CNG operations in Delhi and some power plants run out.
The shutdown of the plant, which received 40.5 mmscmd gas from ONGC's Bassein and B-55 fields and ONGC-Reliance-BG operated Panna/Mukta and Tapti fields, cost ONGC Rs 21 crore in revenues and Rs 16-17 crore in profits per day.
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