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Wednesday September 23, 03:10 PM Reuters

ONGC Videsh to increase Brazil block output by Dec

NEW DELHI (Reuters) - ONGC (ONGC.NS : 1165.15 -9) Videsh, the overseas investment arm of India's Oil and Natural Gas Corp, expects crude oil output from its offshore block in Brazil to reach 40,000 barrels per day by December, a top official said on Wednesday.

"Currently, the production is very low. We are producing from one well and we plan to put five more wells on production by December," ONGC Videsh Managing Director R.S. Butola told reporters on Wednesday.

(Reporting by Nidhi Verma; Editing by John Mair)

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