Wednesday, November 4, 2009

Cairn, will deliver crude oil to RIL’s refinery at Jamnagar in Gujarat from the Mangala field in Rajasthan

Cairn India Ltd, a unit of UK explorer Cairn Energy Plc, said it reached an initial agreement to sell crude to Reliance Industries Ltd (RIL), its first privately owned customer.

Cairn, which was mandated by the government to sell oil to state refiners, will deliver crude oil to RIL’s refinery at Jamnagar in Gujarat from the Mangala field in Rajasthan through heated tankers, the explorer said in an emailed statement on Tuesday. The Union government has approved sales to private refiners, Cairn said.

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