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Vedanta s Cairn Oil & Gas invites bids from gas buyers for Balmer field

Vedanta’s Cairn Oil & Gas invites bids from gas buyers for Balmer field February 15, 2021 × The price will be linked to spot prices of imported LNG, benchmarked against the Brent gas price, a company spokesperson said Cairn Oil & Gas, a subsidiary of Vedanta Limited, has invited bids from prospective buyers of natural gas from its Rajasthan block. “The 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,” the firm said in a statement on Monday.

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