Oil & Natural Gas Corporation successfully commissioned gas evacuation facilities at Khoraghat GGS-1 in Golaghat district, Assam, on August 18, 2026. The new infrastructure allows surplus associated natural gas from the Upper Assam Shelf to be processed and evacuated via the North East Gas Grid (NEGG), developed by Indradhanush Gas Grid Limited. This development complements the earlier commissioning of the Dergaon-Dimapur Pipeline, which connected Nagaland to the regional and national gas grids.

Operational impact

The connectivity facilitates the utilisation of nearly 1 lakh Standard Cubic Metres (SCM) of gas per day from ONGC's Jorhat asset. This volume represents a significant addition to the available gas supply in the region, supporting the company's strategy to reduce flaring and enhance operational efficiency.

Expansion plans

ONGC is developing hook-up facilities at Jantapathar and Kasomarigaon to connect additional producing fields of the Jorhat Asset with the North East Gas Grid. These projects aim to further augment gas availability and strengthen the gas-based economy of the region.

What the numbers show

The evacuation capacity of nearly 1 lakh SCM per day indicates a focused effort to monetise associated gas that would otherwise be flared or left unused. By integrating this volume into the NEGG, ONGC aligns its upstream production with downstream distribution infrastructure, potentially improving asset utilisation rates for the Jorhat block.

Regional economic implications

The improved gas availability creates opportunities for households, industry, transport, and power sectors in Assam and the wider North-East. The infrastructure strengthens gas connectivity across the region, supporting the vision of developing the North-East as a key growth engine for India's integrated gas-based economy.

Oil & Natural Gas Corporation has fixed September 4, 2026, as the record date for determining shareholder eligibility for its proposed final dividend of ₹1 per share for FY26. This announcement ensures investors know which shares qualify for the payout, providing clarity on entitlement timelines ahead of the Annual General Meeting. The dividend declaration is subject to formal approval by members at the ensuing AGM.

The Company Secretary and Compliance Officer, Shashi Bhushan Singh, issued the intimation on August 6, 2026, citing Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing notifies both the National Stock Exchange of India Ltd. and BSE Limited of the specific date chosen to establish the list of eligible shareholders.

The Board of Directors had previously recommended this dividend amount in a letter dated May 26, 2026. At that time, the recommendation was made inter-alia with other board decisions, explicitly stating that the final dividend required subsequent member approval to be declared officially.

Key Dividend Details

Investors holding shares on the record date will be eligible to receive the dividend if the proposal is approved during the AGM. The company has not specified the exact date for the Annual General Meeting in this communication, but the record date serves as the definitive cutoff for ownership verification.

This procedural step is standard for listed entities in India, ensuring that the transfer office can accurately identify beneficiaries. By fixing the record date well in advance, Oil & Natural Gas Corporation allows sufficient time for trade settlements to reflect in investor demat accounts before the cutoff.