{"id":373466,"date":"2020-09-14T11:46:47","date_gmt":"2020-09-14T06:16:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373466"},"modified":"2020-09-14T11:46:47","modified_gmt":"2020-09-14T06:16:47","slug":"cairns-rajasthan-oil-block-licence-stuck-in-cost-dispute-hangs-by-monthly-extensions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cairns-rajasthan-oil-block-licence-stuck-in-cost-dispute-hangs-by-monthly-extensions\/","title":{"rendered":"Cairn&#8217;s Rajasthan oil block licence stuck in cost dispute; hangs by monthly extensions"},"content":{"rendered":"<p>New Delhi: Billionaire Anil Agarwal-led Cairn India&#8217;s Rajasthan oil block licence extension is stuck in a dispute over cost and the firm is literally surviving on monthly extensions by the government, sources said. The government had in October 2018 agreed to extend by 10 years the contract for Barmer fields in Rajasthan after the expiry of the initial 25-year contract period on May 14, 2020. This extension was subject to Vedanta Group firm agreeing to raise the share of the government&#8217;s profit from oil and gas produced from the block by 10 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Billionaire Anil Agarwal-led Cairn India&#8217;s Rajasthan oil block licence extension is stuck in a dispute over cost and the firm is literally surviving on monthly extensions by the government, sources said. The government had in October 2018 agreed to extend by 10 years the contract for Barmer fields in Rajasthan after the expiry of the initial 25-year contract period on May 14, 2020. This extension was subject to Vedanta Group firm agreeing to raise the share of the government&#8217;s profit from oil and gas produced from the block by 10 per cent.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-373466","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373466"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373466\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}