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Govt to seek more profit from Cairn?s Barmer hydrocarbon block


The government will seek a higher share of revenue from Cairn India?s Barmer hydrocarbon block as a precondition for extending the production-sharing contract The government will seek a higher share of revenue from Cairn India?s Barmer hydrocarbon block as a precondition for extending the production-sharing contract (PSC)for the same by 10 years to 2030. For this, the way the profit petroleum or the government?s share is calculated will be tweaked.
Source: Latest News

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