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Cairn Energy gets Right of use in Magdalla Port
By our business correspondent
Gujarat Maritime Board has granted Right of Use to Cairn Energy India Pty Ltd for laying down a gas pipeline within the port limits of Magdalla off Suvali village in Surat District for the purpose of transporting gas from the Lakshmi gas field to consumers in the state of Gujarat. An agreement to this effect was singed in Gujarat in the first fortnight of June.
The total length of the 24-inch pipeline from Lakshmi field upto the Land Fall Point (LFP) at Suvali is 32 KM out of which 13 KM is passing through the Magdalla port limits. The discovery of gas took place some time in May 2000 in Lakshmi located about 12 KM southwest of Hazira point in the Gulf of Khambhat. It is expected that this field will produce gas at the rate of 3.4 million cubic metres per day. The Government of India, under a Production Sharing Contract (PSC) dated 30th June 1998, awarded the CB-OS/2 Block in the Cambay Off-shore Basin on the west coast of India, located in the Gulf of Khambhat to the Joint Venture consisting of Oil & Natural Gas Corporation Limited (ONGCL), Tata Petrodyne Limited (TPL) and Cairn Energy India Pty Limited (CEIL) - of which CEIL is the Operator. Lakshmi is the first discovery in this block.
(21/6/02)
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