Numaligarh Refinery looks to develop oilfields, export to Myanmar.

Assam-based Numaligarh Refinery is looking at going upstream to develop marginal oilfields in the Northeast region and building a 450 km pipeline to Moreah in Manipur to help export diesel and petrol to Myanmar, a top official said.

'The government wants smaller companies to go upstream. We are seeking marginal oilfields and some concessions from the government,' said P Padmanabhan, managing director at the refinery owned by state run oil refiner-marketer Bharat Petroleum Corporation

The move is part of the Union petroleum and natural gas ministry's ambitious plan to bring down imports of petroleum to 67% of total demand by 2022 from 77% now.

Numaligarh Refinery (NRL) is anchoring the ministry's project of preparing a hydrocarbon vision document for Northeast India.

ET