Cairn India, accounting for over a fourth of India’s crude output, is planning to increase its gas production from Rajasthan block to 86 million metric barrels of oil equivalent (mmboe). “India is gradually moving to a gas-based economy wherein gas will play an increasingly important role, in the overall energy mix. Your company is leveraging gas potential of the Rajasthan block, which is important for future growth. We envisage multiplying our gas production by four times, which will support resource maximization from the block,” said Naveen Agarwal, Chairman, Cairn India.
Published - July 22, 2016 02:00 am IST