 for the joint exploration and production of crude oil and natural gas in the Assam-Nagaland border region.jpg)
India, Assam, and Nagaland signed a tripartite
Memorandum of Understanding (MoU) for the joint exploration and production of
crude oil and natural gas in the Assam-Nagaland border region
¨
India, Assam and Nagaland
signed a tripartite Memorandum of Understanding (MoU) for joint exploration and
production of crude oil and natural gas along the Assam–Nagaland border.
¨
The agreement covers six
identified disputed hydrocarbon fields and a border area of more than 1,000
square kilometres.
¨
The MoU was signed in New
Delhi in the presence of Amit Shah, Hardeep Singh Puri, Himanta Biswa Sarma,
and Neiphiu Rio.
¨
The agreement establishes
a formal framework for coordinated hydrocarbon exploration in an area affected
by long-standing boundary and jurisdictional disputes since the mid-1990s.
¨
Crude oil and natural gas
are hydrocarbons found in sedimentary basins and extracted through drilling and
production systems.
¨
The Assam–Nagaland border
region has remained underutilised for petroleum exploration due to unresolved
territorial issues.
¨
The MoU provides for a 50:50
revenue-sharing arrangement between Assam and Nagaland from the extracted oil
and gas.
¨
The Union Home Minister
stated that existing production capacity of 1,000 to 1,500 barrels per day
could increase more than tenfold.
¨ One of the identified fields is estimated to have potential value exceeding ₹15,000 crore.
¨ The agreement is expected to improve resource utilisation, reduce inter-state tensions, and boost hydrocarbon production in the region.
