Hydro-carbon vision document for Northeast soon: Oil Minister Dharmendra Pradhan

Petroleum Minister Dharmendra Pradhan also said the vision document will cover all natural resources available in the Northeast.

Hydro-carbon vision document for Northeast soon: Oil Minister Dharmendra Pradhan
NEW DELHI: A hydro-carbon vision document on the natural resources available in the Northeastern region will soon be released by the government, Lok Sabha was informed today.

Petroleum Minister Dharmendra Pradhan also said the vision document will cover all natural resources available in the Northeast, as well as on possibility of finding hidden natural assets like oil and gas.

"I have recently visited Assam and had a long meeting with the Chief Minister and discussed the issue threadbare," he said during question hour.

In his written reply, Pradhan said the government broadly follows the order of priority in the matter of allocation of domestic gas, which is: city gas distribution network for domestic and transport sectors, existing gas-based urea plants, existing gas-based LPG plants, existing grid connected and gas-based power plants and steel, petrochemicals and refineries for feedstock purposes etc.

He said the prevailing gas utilisation policy of the government does not envisage any reservation in the matter of allocation of domestic gas, thereby implying that a plant should be in position to consume the gas as and when it is available.

The Minister said due to less demand of imported LNG, out of 62.10 MMSCMD of total re-gasification capacity, 17.55 MMSCMD remained unutilised.
ADVERTISEMENT

In power and fertiliser sectors, installed capacity was much less than the demand projected by a working group, he added.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Policy › Hydro-carbon vision document for Northeast soon: Oil Minister Dharmendra Pradhan
Text Size:AAA
Success
This article has been saved

*

+