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States » East

Pradhan reviews hydrocarbon sector projects with Assam CM

Pradhan reviews hydrocarbon sector projects with Assam CM

Guwahati, Jan 18 (UNI) Petroleum and Natural Gas Minister Dharmendra Pradhan met Assam Chief Minister Sarbananda Sonowal here today and discussed various issues related to hydrocarbon sector of the State.

During the discussion, several oil and gas projects under implementation in the state were reviewed.

They also discussed further strengthening the oil and gas infrastructure in the State.

Sonowal appreciated and thanked the Union Minister for the recent decisions of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, which has sanctioned feedstock subsidy to BCPL for next 15 years and sanctioned subsidy for oil and gas exploration in the state, besides approval of Viability Gap Funding for setting up of the Indradhanush Gas Grid Limited (IGGL) in the North East region.

Representatives of Assam Petrochemicals Limited (APL) and Assam Hydrocarbon and Energy Company Limited (AHECL) also called on the Union Minister and submitted separate memorandums outlining demands of both the PSUs.

The APL delegation requested the Union Minister for sanction of a subsidy from the Central government in line with the feedstock subsidy, which has been sanctioned to BCPL recently as per the decision of the Cabinet Committee on Economic Affairs.

The delegation of AHECL requested the Union Minister for approval of 10 per cent participating interest in OIL as a measure to make the PSU more viable.

Pradhan underlined the potential of the hydrocarbon sector in the northeast and assured to look into the demands of APL and AHECL.

He also requested the State government to carry out a financial impact study of AHL and take up the matter with the Central government.

State Minister of Mines & Minerals Sum Ronghang, Principal Secretary to CM Sanjay Lohiya, Vice-Chairman of APL Bikul Chandra Deka, Chairman of AHECL Punakan Baruah and its vice-chairman Shivji Dubey were also present at the meeting.


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