Possibility of
fall of price in expensive commodities like Gas & Oil in Northeast is
likely to happen in the future with government’s superb plan to connect gas pipeline
of 6,900 km from Bangladesh via Siliguri ,Durgapur Myanmar to most north-eastern
states including West Bengal.
According to ONGC
Executive director S.C. Soni about thirteen routes will be extended from this
6,900 km pipeline, meeting proposed destinations for gas supply.
This project
will give uplift in the economy of Northeast oil markets after materialize of
gas and oil pipeline network in the neighboring SAARC nations highlighted Soni on
account of positive outcome from the Hydrocarbon Vision 2030 envisions. Productivity
of oil and natural gas will double in the Northeast, enhancing trade and
business in these categories of natural resources sales according to Soni.
Already
Numaligarh Refinery Ltd (NRL) of Assam has come to a sale-purchase agreement with
Bangladesh Petroleum Corporation(BPC) including Indian Oil Corporation (IOC) to
extend gas pipe to the north-eastern regions by
installing Liquefied Petroleum Gas (LPG) terminal plant in Chittagong
port city. Prime Minister Narendra Modi had already initiated talks for agreement
on gas pipeline with Bangladesh Prime Minister Sheikh Hasina last year where in
2016 action on the deal is soon to be expected.
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