Cairn's Rajasthan oil field set for inauguration
PM Manmohan Singh is expected to inaugurate later this month Cairn India's Rajasthan oil fields, sources said. The company has already reached pricing agreements with principal buyers, Indian Oil Corp and Mangalore Refinery and Petrochemicals Ltd.
By PTI |
NEW DELHI: Prime Minister Manmohan Singh is expected to inaugurate later this month Cairn India's Rajasthan oil fields, sources said on Wednesday.
The company has already reached pricing agreements with principal buyers, Indian Oil Corp and Mangalore Refinery and Petrochemicals Ltd.
The production from Cairn India's fields is expected to bring down the country's oil import bill by $6.8 billion or seven per cent, according to Goldman Sachs.
The company has already reached pricing agreements with principal buyers, Indian Oil Corp and Mangalore Refinery and Petrochemicals Ltd.
The production from Cairn India's fields is expected to bring down the country's oil import bill by $6.8 billion or seven per cent, according to Goldman Sachs.
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