Coal News We love to talk!

MAR 18 2017

ONGC has discovered hydrocarbon deposit in Mizoram: Minister

  • Economic Times, ET Bureau / Hyderabad
  • Created: Sat 18th MAR 2017

 

Mizoram Geology and Mineral Resources Minister H Rohluna today told the state assembly that ONGC has discovered hydrocarbon (gas) deposit at Meidum village in Kolasib district.

Replying to a question from Lalruatkima of the Mizo National Front (MNF), Rohluna said that the report of the ONGC estimated that the gas field would be able to produce 5,52,674 standard cubic feet of gas in a day.

He, however, said that the Indian Oil Limited (OIL) which undertook exploration at Maubuang and Keifang areas in Aizawl district were yet to discover any hydrocarbon deposits while the agreement with the NATFOGAZ company was terminated during 2011-12 after it failed to commence any work.

The three oil giants have paid Rs 23.23 crore as taxes to the Mizoram government for conducting exploratory works, he added.

Tags

Mizoram Gas Oil ONGC Hydrocarbon Gas Field ongc

Related News

  • Spot crude buying time cut to two hours by Indian Oil Corp (IOC) to boost margins  Read more
  • Solars tumble starts claiming victims as Trina rethinks India  Read more
  • PSU oil companies like ONGC, Oil India, to invest Rs 76k crore on project expansion in FY16  Read more
  • Government trying to bring in startups for open bidding of small oil and gas fields  Read more
  • Petrol & diesel on the rise post daily price revisions  Read more
  • IOC's crude production jumped 65 per cent last fiscal  Read more
  • OVL posts 44% increase in net profit  Read more
  • Nagarjuna oil floating in troubled waters again  Read more
  • ONGC makes significant oil, gas discovery in Arabian Sea  Read more
  • Nuclear energy: Govt to push for JVs in light water reactor projects  Read more