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7 oilfields in State leased out to pvt cos

By Staff Reporter
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GUWAHATI, Oct 5 - Seven oilfields in the State have been leased out to private companies under the Discovered Small Field Policy of the Central government, State�s Mines and Minerals Minister Sum Ronghang told the Assembly today.

During the bidding, the Ramanya Ispat Pvt Ltd has bagged the Barsilla and Dipling PML blocks, the Oil Max Energy Pvt Ltd has bagged the Duarmara and Charaideo PML blocks, Vijoyshree Industries Pvt Ltd got the Laxmijan PML block, IOCL has clinched the Jeriapathar PML block, while Mega Engineering and Infrastructure Pvt Ltd got the Patharia PML block.

The State government has got a royalty of Rs 1,700 crore from OIL and ONGC last financial year, while the amount of outstanding royalty on crude oil stands at Rs 3390.22 crore.

In a written reply to a question by MLA Ramendra Narayan Kalita, Ronghang said the State has crude oil reserves of 200 million metric tonnes which is expected to last 55 years. Natural gas reserves are estimated at 102815 million cubic metre and is expected to last 49 years. Coal reserves (320 million metric tonne) are expected to last 100 years, while limestone reserves (650 million metric tonne) would last for 200 years. Moreover, china clay, iron ore, glass sand, sillimanite, granite and fuller�s earth have been discovered in the State but their mining has not yet begun.

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7 oilfields in State leased out to pvt cos

GUWAHATI, Oct 5 - Seven oilfields in the State have been leased out to private companies under the Discovered Small Field Policy of the Central government, State�s Mines and Minerals Minister Sum Ronghang told the Assembly today.

During the bidding, the Ramanya Ispat Pvt Ltd has bagged the Barsilla and Dipling PML blocks, the Oil Max Energy Pvt Ltd has bagged the Duarmara and Charaideo PML blocks, Vijoyshree Industries Pvt Ltd got the Laxmijan PML block, IOCL has clinched the Jeriapathar PML block, while Mega Engineering and Infrastructure Pvt Ltd got the Patharia PML block.

The State government has got a royalty of Rs 1,700 crore from OIL and ONGC last financial year, while the amount of outstanding royalty on crude oil stands at Rs 3390.22 crore.

In a written reply to a question by MLA Ramendra Narayan Kalita, Ronghang said the State has crude oil reserves of 200 million metric tonnes which is expected to last 55 years. Natural gas reserves are estimated at 102815 million cubic metre and is expected to last 49 years. Coal reserves (320 million metric tonne) are expected to last 100 years, while limestone reserves (650 million metric tonne) would last for 200 years. Moreover, china clay, iron ore, glass sand, sillimanite, granite and fuller�s earth have been discovered in the State but their mining has not yet begun.

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