CM Sarbananda Sonowal at the signing of the MoU on Monday
GUWAHATI: State-owned Assam Hydrocarbon and Energy Company Limited (AHECL) on Monday signed an MoU with Oil India Limited that will allow 10% participating interest in exploration and production of crude oil and natural gas in the Namrup Block allotted to the central PSU covering 125 sqkm.
Hailing it as the first real business venture of AHECL since its inception in 2006, chief minister Sarbananda Sonowal, in his speech at the MoU signing event, congratulated AHECL for such a tie-up with a Navaratna Company such as OIL and urged its officials to handhold the state government PSU in furthering its business interests and achieving growth.
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BORDUMSA: Sensation grips the Innao area under Diyun Police Station in Changlang District of Eastern Arunachal following the abduction of two personnel employed by an oil firm from a drilling site here on Monday evening.
The abducted persons have been identified as radio operator Ram Kumar (35 years) and drilling superintendent Pranab Kumar Gogoi (51 years).
Sources informed that the incident happened at around 6 pm on Monday. The two personnel were engaged by M/s Quippo Oil & Gas Infrastructure Limited operating under
OIL(Oil India Limited).
According to an eye witness, a group of about 10 to15 persons equipped with lethal weapons picked up the employees and headed on foot towards Balipather Village in the direction of Diyun town. The unidentified group wanted to know the whereabouts of another employee of the firm, Keshab Gogoi who has been on leave since last Friday. It has also been learnt that some people were communicating with Keshab Gogo
Picture used for representational purpose only
GUWAHATI: By 2021, residents of Guwahati will have the option of piped cooking gas through the city gas distribution network being set up by Purba Bharati Gas Private Ltd, a joint venture of three public sector units Assam Gas Company Ltd (AGCL), Oil India Limited (OIL) and GAIL Gas Ltd.
Chairman of Duliajan Numaligarh Pipeline Limited (DNPL) Rupam Goswami, while announcing the company’s financial report card, said apart from gas from the fields of upper Assam, there will be another option to utilize the imported gas to be brought thorough the Barauni-Guwahati pipeline which is being laid down.
Guwahati to get piped gas supply by next year
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Synopsis
Rupam Goswami,Chairman of Duliajan Numaligarh pipeline Limited (DNPL), said that the work to bring the gas line from Numaligarh in Upper Assam to Nagaon, is on. “The gas line is expected to start supply by next year in Guwahati,” he said.
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The National Gas Grid Pipeline (Urja Ganga Project) was originally planned for extension from Jagadishpur in UP, to Haldia in WB.
GUWAHATI: Guwahati, Northeast India s financial capital, is slated to get piped gas supply by next year.
Rupam Goswami,Chairman of Duliajan Numaligarh pipeline Limited (DNPL), said that the work to bring the gas line from Numaligarh in Upper Assam to Nagaon, is on. “The gas line is expected to start supply by next year in Guwahati,” he said.
Crude oil price becoming negative is one of the rare events that happened after World War II in the energy sector. The real reason for oil prices to move into sub-zero level is not attributable to supply–demand mismatch, rather it owes to the timing of this movement and specifically what is popularly known as the “day-of-the-week effect.” Though India is importing almost 82% of its oil, falling global crude oil prices are not going to benefit the end users much. But, the interaction effect of the lower crude oil price with COVID-19 is definitely going to have an impact on the country and investors.