Begin typing your search above and press return to search.

Centre prepares NE vision document

By Spl Correspondent

NEW DELHI, Nov 21 - Asserting that plans are being made to double oil and gas production, the Centre said it has prepared the Hydrocarbon Vision 2030 document for the Northeast outlining steps to leverage the hydrocarbon sector.

The Vision Document has been prepared for development of the NE-oriented efforts towards making hydrocarbons a tool to enable social and economic development, Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan, said in a Lok Sabha reply.

The Vision Document has been a focused and consultative exercise to develop a common and shared aspiration for benefiting people of the Northeast. The objectives of the plan are to leverage the region�s hydrocarbon potential, enhance access to clean fuels, improve availability of petroleum products and facilitate economic development and to link common people to the economic activities in this sector.

The Document aims at doubling oil and gas production by 2030, making clean fuels accessible, fast-tracking projects, generating employment opportunities and promoting cooperation with neighbouring countries.

Meanwhile, Pradhan disclosed that the Oil and Natural Gas Corporation Limited (ONGC), Oil India Limited (OIL) and Private Joint Ventures (JV) have spent Rs 10361.65 crore on exploring crude oil and other petroleum products in NE in the last three years.

The public sector undertakings (PSUs) have produced a total of 210 thousand metric tonnes crude oil and 62 million metric cubic meter of gas during the last three years.

The contribution of NE, including Assam, in reducing import dependency of crude oil and natural gas is to the extent of production from the region.

Next Story