The shelved Myanmar-Bangladesh-India gas pipeline to transport gas from Russia may revive soon.
As a part of government’s ambitious Rs 1,30,000 crore plan to make the northeastern part of the country a ‘hydrocarbon hub’ in next 15 years, government is exploring possibilities to revive the pipeline soon. The objective is on capturing the energy market in Bhutan, Myanmar and other South East Asian countries.
“The roadmap for pumping in the first instalment of Rs 6000 crore of the total investment in the current financial year has already been prepared,” said Union minister of petroleum and natural gas, Dharmendra Pradhan.
“The centre is carrying out its ‘Hydrocarbon Vision 2030’ for the region to make the region a petroleum hub, which aims to double the region’s oil and natural gas output, increase the refining capacities and expanding product pipelines.”
Pradhan added that his ministry will be bringing in gas from Russia and we are still searching for a viable route and one such route is the Myanmar-Bangladesh-India route. Numaligarh Refinery Limited (in Golaghat district) has already started supplying diesel to Bangladesh. We are looking for new markets now in Bhutan, Myanmar and South East Asian countries.
“The present combined refining capacity of the four refineries in the region (Digboi, Guwahati, Bongaigaon and Numaligarhall in Assam) is 7 MT per annum. We aim to jack up total the capacity to 16 MT per annum. We have mapped the market growth and we plan to monetization of the last molecule of gas,” Pradhan said.
The centre expects to create around 15,000 direct employment and 50,000 indirect employment over the next 15 years through its plan.