Assam To Become Global Trading Centre Of Oil Export: Dharmendra Pradhan

Union minister Dharmendra Pradhan rolled out a slew of projects worth over Rs 1,500 crore across Assam. Photo courtesy: Pradhan's Twitter handle
Union minister Dharmendra Pradhan rolled out a slew of projects worth over Rs 1,500 crore across Assam. Photo courtesy: Pradhan's Twitter handle
Advertisement
Datamation

Guwahati, March 2, 2019

Union Petroleum and Natural Gas Minister Dharmendra Pradhan said Assam would soon become a major centre of world trading to the South East Asian countries in the export of petroleum products.

“Under Act East Policy, Assam will become an important centre of world trading as it will send petrol and diesel to Myanmar, Bhutan, Bangladesh and the South East Asian countries,” he said in Guwahati on March 1st, 2019 after dedicating eight projects in the sector to the nation.

Advertisement
Royal Global University

He added, “These eight projects worth Rs 1,420 crore will usher a new era of economic prosperity in the state and also enhance employment and self-employment opportunities in the region. The extraction of more oil in the next five years would augment Assam’s economy. The Northeast has a huge deposit of gas. The development of infrastructure is required to be able to tap it.”

The eight projects are: the upgradation of pump stations of Naharkatiya-Barauni crude oil pipeline, Greenfield, rail fed POL storage terminal at Digboi, GGS Borhola to Jorhat CTF crude oil trunk pipeline replacement, capacity augmentation of LPG bottling plant in Silchar, capacity augmentation of LPG bottling plant in North Guwahati,  mounded LPG storage at Numaligarh Refinery, effluent treatment plant-cum-water injection plant at Lakhmani and Swargadeo Chaolung Siu-Ka-Pha Multi Speciality Hospital in Assam’s Sivasagar.

The Union Minister further said that in the last four years, Oil & Gas PSUs of the Petroleum Ministry have completed total projects worth more than Rs 14,000 crore and projects worth about Rs 40,000 crore are under various stages of execution in the state of Assam.

“Several oil and gas projects including capacity augmentation of the Indian Oil’s LPG Bottling Plant at Silchar and North Guwahati will provide an increased supply of LPG in the remotest corners of Assam, Arunachal, Tripura, Meghalaya and Manipur,” he said.

Further adding, “We are focused on leveraging the hydrocarbon potential of Northeast and enhance production of Oil & Gas with necessary investments to increase exploration activities, expand PNG network, ensure availability of Petroleum products including LPG for the holistic development of Northeast.”

Pradhan also announced the commencement of work of the KB Malaviya National Oil Museum at Guwahati. “With five galleries, 3-D theatre, outdoor signs etc, it will showcase the rich history and heritage of the petroleum industry in India,” he said.