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3 months ago General
Today, a historic MoU has been signed between the Government of India, the Government of Assam, and the Government of Nagaland. Furthermore, the Chief Minister of Nagaland has stated that the state government is open to oil exploration across the entire state, beyond just these six fields. I wish to express my sincere gratitude to the Chief Minister of Nagaland. I know that Himanta ji is very tenacious when it comes to Assam's interests. However, when I spoke to him and suggested that he set aside this specific issue, explaining that there is neither a winner nor a loser, but rather a win-win situation where India, Assam, and Nagaland all emerge victorious—he agreed. They have set aside their immediate gains to enter into a tripartite agreement involving Nagaland, Assam, and the Government of India. Most importantly, this appears to pave the way for mineral mining across the entire North East. We are all aware that the North East holds immense reserves of not only oil and gas but also minerals; however, due to minor issues and law-and-order problems, we were previously unable to harness this national wealth. Today, a single MoU will enable us to increase our extraction capacity, currently ranging from 1,000 to 1,500 barrels per day, more than tenfold. A single field alone holds the potential for recoveries exceeding Rs 15,000 crore. If the oil and gas reserves across Nagaland are fully tapped, I believe we can significantly reduce our dependence on foreign sources to meet our needs in this sector. The absence of such an agreement and the resulting disputes had long hindered the economic development of both states: Union Minister Amit Shah at the signing of MoU between Government of India, Nagaland & Assam
#AmitShah #NorthEastIndia #Assam #Nagaland #MoU
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