Cairn India Plans to Sell Gas from Rajasthan Block
Cairn India plans to sell gas from Kaameshwari field in the Barmer block in western Indian state of Rajasthan, Financial Express newspaper reported.
Currently, the Barmer block produces about 25% of country’s crude oil and marginal volumes of natural gas are drilled from Raageshwari fields in the same block.
“Kaameshwari is another small field with gas resource potential and Cairn is trying to monetise it,” a company official told the newspaper.
Cairn India and its joint venture partner ONGC have sought expressions of interest (EoI) to sell 14,000 standard cubic metre per day (scmd) from the Kaameshwari west field of RJ-ON-90/1 block, popularly known as the Barmer block.
“Cairn is trying to get the market response for small volumes of gas. In addition, the explorer is in the process of making the field development plan and then share it with partner ONGC,” said the official.
Producing bigger volumes of gas from Barmer block is crucial for Cairn India to get a 10-year extension for the asset, the newspaper added.