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Cairn Oil & Gas cuts output by 10% due to Middle East logistics disruptions
BusinessLine· 2026-03-26 02:24
Group 1 - Cairn Oil & Gas, India's largest private oil and gas producer, has reduced output by 10% from 110,000 barrels per day due to shipping logistic complications caused by the West Asia crisis [1] - The company does not expect to reduce output further than the current level [1] - Cairn, part of Vedanta Limited, aims to increase output by 500,000 barrels per day in the next five years [1] Group 2 - It is important for India to invest in its own resources to reduce dependence on energy supplies from elsewhere [2]