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Fuel Prices Will Come Down As Winter Ends: Petroleum Minister Dharmendra Pradhan

The first oil deposits in India had been discovered close to Digboi and Duliajan areas of Assam: Dharmendra Pradhan


Allaying considerations of individuals over the upward spiralling of gas worth, Union Minister Dharmendra Pradhan on Friday mentioned the worth will lower as winter season ends.

“Increase in petroleum price in international market has affected consumers too. Prices will come down a little as winter goes away. It is an international matter, price is high due to increase in demand, it happens in winter. It will come down as the season ends,” Union Minister Dharmendra Pradhan

Petroleum, Natural Gas and Steel Minister Dharmendra Pradhan, in an unique interview with ANI, defined why the North-eastern Region (NER) which incorporates Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim are vital for oil and gasoline sector of the nation.

“The first oil deposits in the country were discovered near the town of Digboi and Duliajan areas of Assam and around 18 per cent of the country’s oil resources are located in the northeast east region (NER). Assam, Arunachal, Nagaland, Mizoram, Tripura are the areas that are full of oil and gas fields. When the Modi government came in power in 2014 we decided to create an infrastructure of the crude pipeline, gas pipeline, increase our exploration, refining and gas production capacity,” he mentioned earlier.

Prices of LPG, petrol and diesel have been repeatedly hiked within the nation. Opposition events held protests in numerous components of the nation over the rise of costs of diesel and petrol.

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