Cairn India Ltd is planning to double gas output from its Barmer basin in Rajasthan by the end of the current fiscal. The company has estimated its Rajasthan gas reserves at one trillion cu ft (tcf). The company is aggressive on the development of gas deposits in the Barmer basin.
If the company is able to establish higher gas sale potential, then it may get 10 year extension for operating these fields. The current production-sharing contract with the government ends on 14 May 2020.
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