An expert geologist has claimed that the Barak Valley is one of the rich reserves of oil and natural gas in the world but this area remains largely unexplored. Pradeep Kumar Nandi, a geologist of repute who worked with ONGC for 26 long years and now retired, said: the region is floating on oil. But the fact that authorities should use more modern technology to explore the volume of oil and gas. Why our Government is not keen?
Comparatively, Alaska is having more oil than Saudi and USA is just not drilled even a single hole there - saving it for the future. So, let us think that, Barak valley wealth is being preserved for future and bless all lethargic people in govt!
re exact reply, sorry this reply can be given only by ONGC officials as to why theyr are not doing it. Govt has sufficient funds , i belieive, but the apparent reason might.be economics and there have to be some hidden poltical reasons also.