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Vedanta acquired Cairn Oil & Gas in 2011, making it the largest private oil producer in India. Cairn operates major oil fields in Rajasthan containing over 2 billion barrels of oil. In 2017, Cairn merged with Vedanta to simplify the corporate structure and create long-term value. Currently, Cairn produces over 4 million cubic meters per day of natural gas from its Barmer field in Rajasthan and sells this gas through long-term contracts. Vedanta now wants to expand into downstream gas activities to capture m
- Author
- DHRUMIL DAFTARY MBA 2021-23 (Delhi)
- Language
- EN