Muted natural gas output likely in FY25 on cautious Reliance Industries' KG Basin fields outlook

India’s natural gas output is expected to see a muted growth in FY25 following three years of increases. Reliance Industries’ KG Basin fields have driven recent growth but now show a circumspect outlook, impacting national production. Average output fell in the recent quarters, with state-run ONGC also seeing a decline, while private sector production rose slightly.

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