Business and economics

Assam-Nagaland Tripartite Oil & Gas MoU

Published on 13 Jun 2026

← Back to Current Affairs
Assam-Nagaland Tripartite Oil & Gas MoU

On June 11, 2026, India, Assam, and Nagaland signed a tripartite MoU for joint exploration and production of crude oil and natural gas in six disputed fields along their border, covering over 1,000 sq km. Signed in the presence of Amit Shah, Hardeep Singh Puri, Himanta Biswa Sarma, and Neiphiu Rio, the agreement includes 50:50 revenue sharing. It aims to resolve long-pending territorial issues and boost production significantly, potentially generating over Rs 15,000 crore from one field alone.

Source: SarkariPariksha