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Cairn India to accomplish last stretch of Mangala Pipeline

22 Oct 2012 Evaluate

Cairn India is all set to complete the last 80 km stretch of the 670 km Mangala Development Pipeline designed to evacuate the crude oil produced from Rajasthan. The company aims to ramp up production from the Barmer fields after this pipeline development. 

At present, 590 km of the pipeline is operational from Barmer field to Salaya. The company is delivering crude oil to Indian Oil Corporation refineries and private domestic refinery of Reliance Industries and Essar Oil. The current pipeline capacity is 175,000 bopd.

Peers
Company Name CMP
ONGC 279.25
Oil India 454.40
Jindal Drilling&Inds 535.85
Deep Industries 457.70
Asian Energy Service 297.85
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