Spokesperson: Shri Shaktisinh Gohil: He accused the Narendra Modi government of large-scale corruption and mismanagement in state-run oil and gas companies Oil and Natural Gas Corporation (ONGC) and Gujarat State Petroleum Corporation (GSPC), noting that the country was suffering heavy losses in domestic petroleum and gas production due to policy failures and negligence. He also claimed that since 2014, India had suffered an annual loss of 3.695 million metric tonnes in petrol, diesel and gas production.

Demanding accountability from the Prime Minister, Gohil urged Modi to explain the decline in domestic production of petrol, diesel and gas, alleged corruption in GSPC, and the “false promises” made in 2005 regarding KG Basin reserves.

Highlighting the importance of Oil and Natural Gas Corporation, established in 1956 under former Prime Minister Jawaharlal Nehru, Gohil said ONGC contributes nearly 70 per cent of the country’s domestic oil and gas output, with 59 per cent of that production coming from the Mumbai High, Neelam and Heera offshore fields.

The Congress leader disclosed that the Modi government drastically reduced water injection operations — a scientific process used to maintain reservoir pressure and enhance oil recovery — in these major oil fields. According to him, water injection was reduced by 53 per cent in Mumbai High, 42 per cent in Neelam and 78 per cent in Heera field during the present government’s tenure. The Congress leader further alleged that Gujarat State Petroleum Corporation, once a profit-making company, was pushed into debt exceeding Rs. 19,000 crore after investing heavily in KG Basin blocks and overseas ventures in Yemen, Indonesia and Australia. He claimed that not a single rupee from those foreign investments had been recovered. Tuesday, May 19, 2026