Guwahati: Exploration for crude oil and natural gas in the northern bank of Brahmaputra in Assam will commence soon with the state government entering into an agreement with Oil India Ltd (OIL), an official statement said on Friday.
The Assam government signed petroleum exploration license (PEL) deeds of two open acreage licensing policy (OALP) blocks with the PSU here on Thursday, it added.
Ananda Kumar Das, the joint secretary and director (geology and mining) of the state government, and OIL executive director (frontier basin) JPP Das signed the agreement.
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