ONGC Contains Andhra Pradesh Gas Leak; No Harm Reported, Shares Dip

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CNBC TV18•05-01-2026, 16:48
ONGC Contains Andhra Pradesh Gas Leak; No Harm Reported, Shares Dip
- •ONGC reported a gas leak during workover operations at its Mori field facility in Andhra Pradesh.
- •No casualties or injuries occurred, and safety risks to the public are minimal due to the remote location.
- •Site secured, cooling operations initiated, and Crisis Management Teams mobilized for containment.
- •Preparatory work for well-control operations is underway, with coordination for international specialists.
- •ONGC shares closed 1.41% lower on NSE following the incident.
Why It Matters: ONGC successfully contained a gas leak in Andhra Pradesh with no harm, but shares dropped.
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