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Cairn India has approached the Ministry of Petroleum & Natural Gas for higher allocation of gas from its Rajasthan fields as it gears up to almost double its output to 0.42 mmscmd (million standard cubic metre a day).
The Rajasthan joint venture of Cairn India and ONGC has requested the Ministry for increasing the allocation to 0.42 mmscmd on firm basis and up to 0.6 mmscmd on fallback basis. The venture commenced sales from the RJ-ON-90/1 Block in April 2013. Currently, gas is being sold to one customer (Gujarat Narmada Valley Fertilizers & Chemicals Ltd) as allocated by the Government at close to $8 mmBtu. Cairn India’s Rajasthan oil block is now focussing on gas prospecting. The company in its annual results had informed the market that development of Raageshwari Deep Gas field is underway.
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