Latest Naga-Schuppen Belt News & Updates

New Delhi, June 12 (IANS) The Ministry of Petroleum and Natural Gas on Friday signed a tripartite Memorandum of Understanding with the state governments of Nagaland and Assam to increase domestic exploration and production of oil and gas.Petroleum Minister Hardeep Singh Puri said that since Assam alone accounts for nearly 22 per cent of India’s crude oil reserves and around 15 per cent of the country’s natural gas reserves, while Nagaland possesses significant hydrocarbon potential in the Naga-S…