Hydrocarbon Vision, 2030 (For North-East India)

The Petroleum and Natural Gas Ministry has released (on February 09, 2016) the Hydrocarbon Vision 2030 for North-East India, outlining steps to leverage the hydrocarbon sector for development of the region with aim to double Oil & Gas production by 2030.

• The focus areas also includes exploring hydrocarbon linkages and trade opportunities with Bangladesh, Myanmar, Nepal & Bhutan; implementation of ‘Make In India’ in the region; development of health & medical facilities; industrial policy & infrastructure related action points; focus on skill development; and employment generation requirement in the region.
• The states covered include Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

Objectives: Leverage the region’s hydrocarbon potential,

• Enhance access to clean fuels,
• Improve availability of petroleum products,
• Facilitate economic development
• Promoting cooperation with neighbouring countries

Pillars: The Vision rests on five pillars:

1. People - it foresees clean fuel access to households alongside fostering skill development and involvement of the local community.
2. Policy - policy focus areas include moderation in light of specific terrain and weather conditions of the region coupled with ensuring fund planning for new projects.
3. Partnership - the stress should be on greater involvement of state governments in planning and implementation, and on boosting trade with neighbouring nations.
4. Projects - the focus is on pipeline connectivity for carrying liquefied petroleum gas (LPG), natural gas, and petroleum products, oil and lubricants (POL); building refineries and import links; and development of compressed natural gas (CNG) highways and city gas distribution network.
5. Production – Production side emphases include production enhancement contracts, technology deployment and fast-track clearance, and development of service provider hubs.