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Govt Intends to Commence Oil and Natural Gas Exploration in Meghalaya

The central government intends to commence oil and natural gas exploration in Meghalaya.

 

According to the Union Minister of State (MoS) for Petroleum and Natural Gas – Rameshwar Teli, exploration for oil and natural gas will soon commence in Meghalaya; alongside Mizoram and Nagaland.

 

We have come to know there is oil and gas in some places in these states,” he said while replying to a query on the increasing prices of fuel and LPG in the country.

 

Teli claimed that because 83 percent of India’s oil and gas is imported, the government is compelled to enhance the price of fuel and Liquefied Petroleum Gas (LPG), when market prices rise.

 

He claimed that there are significant oil and gas reserves in the Northeast. Its further development might reduce the nation’s reliance on foreign oil imports and help keep the prices under control.

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