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Tripartite MoU for Oil and Gas Exploration
- 12 Jun 2026
On 11th June 2026, the Central Government signed a tripartite Memorandum of Understanding (MoU) with the Governments of Assam and Nagaland for the exploration and production of crude oil and natural gas.
- The agreement aims to facilitate exploration and production activities in hydrocarbon-rich areas of Assam and Nagaland.
- The MoU removes a long-standing obstacle to oil and natural gas exploration in the region and is expected to accelerate development of energy resources in Northeast India.
State In News
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