Interlink Petroleum has recommenced supply of natural gas from its Baola field with effect from April 12, 2013. The average natural gas supplied was about 4,000 standard cubic metres (scm) per day approximately. The company has planned to increase the gas production and supply from the field for which necessary work overs will be undertaken soon.
With the above, the company would restart earning operational revenues from the Baola field from the current financial year.
The company had earlier on January 02, 2013 signed a Gas Sale and Purchase Agreement (GSPA) for the supply of 5,000 scm per day of Natural gas from its Baola field for an initial period of five years extendable in blocks of 2 years each on mutually agreed terms and conditions.
