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Cairn India's Mangala field to achieve peak production of 175,000bpd by 2011-12  

Mangala field likely to bring down India's oil import bill by $6.8 bn

Friday, September 03, 2010

India's largest onshore field, Cairn India's Mangala field, has saved nearly $1 bn (Rs 50 bn) of foreign exchange in its one year of production. It is likely to achieve peak production of 175,000bpd by 2011-12, which will cut the country's crude import dependence by 20% at current consumption level. This could lead to savings in India's oil import bill of $6.8 bn.Cairn is now setting up the Mangala Processing Terminal to process output from the oil fields in Barmer, to produce oil and associated gas. With four crude oil processing trains, MPT will have a total capacity of 205,000 bpd of oil.

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