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Sunday, January 27, 2019

ONGC mulling on a vision document 'Strategic Roadmap 2040': CMD Shanker

State-owned Oil and Natural Gas Corp (ONGC) is mulling on a vision document for 2040 that will lay the strategic roadmap for the nation's largest oil and gas producer for the next two decades. ONGC Chairman and Managing Director Shashi Shanker, in his speech after hoisting the national flag at the company headquarters at Dehradun, said the vision document 'Strategic Roadmap 2040' would craft the strategy for the firm as an integrated energy major with a long-term perspective. "The document would reframe the vision and recast the objectives of Perspective Plan 2030," he said. The Perspective Plan 2030 was ONGC's earlier vision document that outlined strategic goals for the growth of the organisation and for the energy security of the nation, a company statement said. "Our portfolio has seen a metamorphic change in the last decade. Today our business portfolio includes E&P, refining, petrochemicals, LNG, pipelines, retail, SEZ Infrastructure, power etc. While these developments open

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