Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Centre approves oil and gas projects worth Rs one lakh cr

Monday, 27 Sep 2021
Share this on :
Union Ministry of Petroleum and Natural Gas has granted approval for Rs one lakh crore worth oil and gas projects for North-East India, expected to be completed by 2025.

Special Bidding Round under Open Acreage Licensing Policy (OALP) for NER with acreages is being carved out by the government and offered with additional incentives for attracting investments.

Doubling the exploration acreage in NER from the existing 30,000 sq km to 60,000 sq km by 2025 (approximately 20,000 sq km of area already awarded under OALP over last three years in NER). The plan is to double the oil and gas production from the current nine MTOE to 18 MTOE by 2025.

The Centre also plans to set up a dedicated service provider hub in NER to support the requirement of the oil and gas industry in collaboration with state governments. The implementation of the North-East Gas Grid (NEGG) to provide access of natural gas to end-users in North-Eastern region besides six geographical areas (GAs) comprising 18 districts in the state of Assam and Tripura are on offer under the 11th Round of CGD Bid Round for developing the city gas distribution (CGD) network.

The Digboi refinery in Assam will also be expanded. The issue of blending ethanol with petrol at the refinery level will also be explored.

There is a huge hydrocarbon potential waiting to be tapped; of the estimated 7,600 MTOE in the North-East, only 2,000 MTOE has been discovered so far.

With concerted efforts by the industry and governments, oil production is expected to increase by 67 percent from 4.11 million tonne in 2020-21 to 6.85 million tonne in the next four years. Gas production is forecasted to more than double from 5.05 BCM in 2020-21 to 10.87 BCM in the next four years.

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services