IOC starts buying oil from Cairn’s oil field in Rajasthan
New Delhi   07-Jul-2010

State-owned IndianOil (IOC) has started buying crude oil from Cairn India's Rajasthan oil fields, which have now crossed the 1,00,000 barrels per day mark in production.

''We started taking Cairn crude this week,'' a senior IOC official said. ''We are taking small volumes initially.'' Cairn's Mangala oil fields at Barmer is producing 1,05,000 bpd and is likely to achieve peak output of 1,25,000 bpd later this month.

''We were to start taking Cairn crude last month but that had to be postponed due to technical issues with our pipeline,'' he said. IOC is buying 13,000 bpd, the official said. Cairn currently sells crude oil to Reliance Industries' Jamnagar refinery in Gujarat and neighbouring Vadinar plant of Essar Oil.