A tripartite MoU between the Centre, Assam, and Nagaland aims to resume oil & gas exploration in the resource-rich 1,000 sq km Disputed Area Belt after a 30-year suspension. This strategic move is part of India's push to reduce its 88% crude oil import dependency and enhance domestic energy security.
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- ›Crude Oil Import Dependency: Over 88%
- ›Natural Gas Import Dependency: About 50%
- ›Target this Data: India's crude oil import dependency is over 88%.
- ›Target this Nodal Body: The Ministry of Home Affairs (MHA) facilitated the tripartite MoU.
- ›Target this Legal Point: The MoU covers the Disputed Area Belt (DAB) along the Assam-Nagaland border.
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