Oil and Gas Sector – HELP, Open Acreage Policy, etc.

North East in Hydrocarbon Vision 2030

North-east India would be a gateway of South-East Asia in future

  1. Govt planning projects totalling Rs.1.3 trillion in public and private investments in the North-East region
  2. Aims to double oil and gas output in the next 15 years
  3. Has an eye on markets such as Bangladesh, Nepal, Bhutan and Myanmar
  4. A strong network of crude oil and natural gas pipelines would be set up as part of the plan
  5. Present production is 223 million tonnes of petroleum products and 33 billion standard cubic metres of natural gas a year

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