Minister has predicted that Assam would soon become one of India’s major oil
exporting hubs catering to neighbouring countries and Southeast Asia. The
prediction has been based on a number of projects for augmenting oil
exploration, refining and transportation capacity in various stages of
completion in the state.
2016, the government had introduced Hydrocarbon Vision 2030 for north-east
India. The Vision aims at a) doubling Oil & Gas production by 2030, b) making
clean fuels accessible, c) fast tracking projects, d) generating employment
opportunities and e) boosting trade with neighbouring countries.
states covered include a) Arunachal Pradesh, b) Assam, c) Manipur, d) Meghalaya,
e) Mizoram, f) Nagaland, g) Sikkim and h)Tripura