Assam-Nagaland Oil and Gas MoU Signed With the Centre
Why in the news
New Delhi, Assam and Nagaland concluded a three-way MoU to clear the path for petroleum operations in the border zone shared by the two states.
Key facts
- Signatories: the Government of India, the Government of Assam and the Government of Nagaland (a tripartite MoU).
- Subject: mineral oil activity where Assam and Nagaland meet at their boundary.
- Aims: revive hydrocarbon production, attract investment and generate employment.
- Region: the Northeast.
Exam angle
- Parties to the MoU: Centre, Assam and Nagaland.
- Sector: oil and gas (hydrocarbons) in the Northeast.
- Question pattern: purpose of the pact, i.e. to enable oil work along a state border.