Cairn''s Rajasthan pipeline project gets government nod

24 Aug 2007

1

Mumbai: The government has approved Cairn India's proposal to lay a pipeline from Barmer district of Rajasthan to Gujarat coast for transporting crude oil from its Barmer fields.

Petroleum minister Murli Deora signed the papers permitting Cairn to acquire land rights for laying the 582-km pipeline from Barmer to Salaya, official sources said.

The pipeline project, estimated to cost $700 million, is to be included as part of Rajasthan field development cost, which Cairn is entitled to recover before sharing profits with the government.

Almost simultaneously to the pipeline's inclusion in the field development plan would come the approval for selling the crude oil to multiple refiners instead of previously approved scheme, in which entire 1,50,000 barrels per day (7.5 million tonnes) output was to be supplied to Mangalore Refinery.

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