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Crude Oil production declines by 15% annually in Barmer-Sanchore Basin
Jaipur: There is a decrease of about 10-15 percent in the production of crude oil by Cairn-Vedanta in Barmer-Balotra. This reduction is not only negatively impacting state revenue, but it may also lead to a higher requirement for oil imports once the refinery starts operation. Construction of refinery in Pachpadara, District Balotra, began on Jan 16, 2018. By June 2024, Rs 47,324 cr will have been spent on the project, with 80% of work completed.
Experts believe the refinery will be completed by next year. The Pachpadra refinery will have a 9 million metric tonnes per annum capacity, with 1.5 million metric tonnes sourced from Cairn-Vedanta & 7.5 million metric tonnes imported.
