Assam government received interest from East-West Petroleum Corporation for investing in the state’s potential shale gas assets.
The Canadian firm, which is owned by the industrialist, Herb Dhaliwal, feels that the state possesses huge shale gas potential and the fuel could be extracted by adopting new technology.
Dhaliwal, the first Canadian Cabinet Minister of Indian origin, said his company was keen to invest in a big way in the exploration of shale oil and shale gas in which Assam has huge potential. This will open up the floodgates of investments and employment avenues in the state.
He expressed this when he met the state Chief Minister Tarun Gogoi recently. He apprised the chief minister of the talks he has had with Oil India, ONGC and GAIL to adopt latest technology for exploration of oil and gas.
Dhaliwal asked the chief minister to take up the matter with the Ministry of Petroleum and the Prime Minister to frame a policy for shale oil and shale gas.
Dhaliwal requested the Chief Minister to expedite the process for granting licence to the company to explore shale oil and gas in Diphu bordering Dimapur.
During the meeting, the Gogoi assured Dhaliwal that he would look into the matter. Gogoi further said that he was looking forward to Canadian investments in sectors such as tea, oil, agriculture, food processing, medicinal plants, tourism etc in which the state has tremendous potential.
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