{"id":400832,"date":"2021-02-17T12:05:10","date_gmt":"2021-02-17T06:35:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400832"},"modified":"2021-02-17T12:54:52","modified_gmt":"2021-02-17T07:24:52","slug":"cairn-oil-gas-seeks-bids-for-gas-from-rajasthan-block-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cairn-oil-gas-seeks-bids-for-gas-from-rajasthan-block-2\/","title":{"rendered":"Cairn Oil &amp; Gas seeks bids for gas from Rajasthan block"},"content":{"rendered":"<p>Mining magnate Anil Agarwal\u2019s Vedanta Ltd on Monday invited bids for the sale of natural gas from its prolific Rajasthan block at rates equivalent to the price of imported LNG from the spot market or Brent oil price.<br \/>\nCairn Oil &amp; Gas, Vedanta\u2019s oil and gas arm, produces about 3.5 million standard cubic meters per day of gas from its largely oil-bearing block in Rajasthan, the firm said in a notice. The output is being ramped-up to more than 5 mmscmd.<\/p>\n<p>\u201cThe company invites Expression of Interest (EoI) from interested parties with proven capabilities and demonstrated presence in the natural gas business to participate in the national competitive e-auction process for the purchase of natural gas produced from our flagship block in Barmer, Rajasthan,\u201d it said.<\/p>\n<p>It invited bids for 4.5 mmscmd of gas for two years from the RJ-ON-90\/1 block. The price of gas will be lower of the previous month\u2019s average of DES West India spot liquefied natural gas (LNG) prices or 14 per cent of the average Brent crude oil price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mining magnate Anil Agarwal\u2019s Vedanta Ltd on Monday invited bids for the sale of natural gas from its prolific Rajasthan block at rates equivalent to the price of imported LNG from the spot market or Brent oil price. Cairn Oil &amp; Gas, Vedanta\u2019s oil and gas arm, produces about 3.5 million standard cubic meters per day of gas from its largely oil-bearing block in Rajasthan, the firm said in a notice. The output is being ramped-up to more than 5 mmscmd. \u201cThe company invites Expression of Interest (EoI) from interested parties with proven capabilities and demonstrated presence in the natural [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-400832","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400832","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=400832"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400832\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}