Assam government signs deal with Oil India for eight Petroleum mining lease blocks.

Assam government has signed a deal with Oil India (OIL) for eight Petroleum Mining Lease blocks.

Ananda Kr. Das, ACS, Joint Secretary & Director (Geology & Mining), Government of Assam and Agadh Medhi, Executive Director (Frontier Basin), OIL, signed the deed on behalf of Assam government and Oil India.

The eight PML blocks are Dibrugarh, Dibrugarh Extn, Hugrijan Extn, Borhapjan, Borhat, Moran, Doom Dooma Extension and Mechaki Extension.

Assam Government is expected to receive more than Rs. 2,000 crores from Oil India annually. Jogen Mohan Minister for Mines and Minerals assured that government would provide all possible support to OIL in its quest of hydrocarbon.

Prasanta Borkakoty, RCE of OIL assured OIL will make sincere efforts to achieve higher level of excellence through concerted efforts & effective participation with all its stakeholders. He informed about OIL plan to ramp up crude oil and gas productions by enhancing its exploration and development programme.

ET