IGGL, ONGC signs three agreements to connect ONGC's Natural Gas fields with North East Gas Grid

ONGC's natural gas resources with the North East Gas Grid for the transportation of natural gas from Jorhat, Silchar, and Tripura Assets of ONGC, Gas Limited (IGGL) and Oil and Natural Gas Corporation Limited (ONGC) signed three hook-up agreements.

A 1656 km long natural gas pipeline being built by Indradhanush Gas Grid Ltd would link the capital cities and demand centres of the eight north eastern states. These hook-up agreements will make it easier to link ONGC's natural gas fields to the IGGL pipeline for natural gas evacuation.

Sanjay Kumar, Director IGGL and ED Marketing ONGC, gave a speech at the event and stated, "The hook-up agreements with IGGL are a strategic step to increase the connection of ONGC fields with the Northeast Gas Grid which will benefit both the firms. Customers will be able to access domestic petrol through it, and the country's economy as a whole will benefit. The hydrocarbon potential of North East India can be fully harnessed for the development of a gas-based economy in accordance with the Hydrocarbon Vision 2030 of the Government of India by utilising the NEGG infrastructure.

In the future, both businesses will search for chances to connect other ONGC gas fields with the NEGG, according to Dr. Ajit Kumar Thakur, CEO of IGGL. For the purpose of connecting their gas fields with NEGG, IGGL is also in contact with other natural gas-producing businesses. Through NEGG, the Hook Up Agreements will make it easier to withdraw 1,85,000 SCMD of natural gas from ONGC's Tripura asset, 82,500 SCMD from Silchar asset, and 72,500 SCMD from Jorhat asset. As of this writing, the IGGL-implemented North East Gas Grid project has made 75.52% physical progress.