GUWAHATI, Jan 18 - Union Minister for Petroleum and Natural Gas Dharmendra Pradhan met Chief Minister Sarbananda Sonowal at the Brahmaputra State Guest House here today and discussed various issues related to the State’s hydrocarbon sector.
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.
The Chief Minister appreciated and thanked the Union minister for the recent decisions of the Cabinet Committee on Economic Affairs that sanctioned feedstock subsidy to the 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 Northeast.
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 to the BCPL. On the other hand, the AHECL delegation urged the Union minister for approval of ten per cent participating interest in Oil India Limited as a measure to make the PSU more viable.
The Union minister underlined the potential of hydrocarbon sector in the Northeast and assured to look into the demands of APL and AHECL.