GAS TRANSPORTATION CONTRACT BETWEEN ASSAM GAS COMPANY LTD. AND NUMALIGARH REFINARY LTD. FINALISED (Press Note)

“Signing of MOU between Assam Gas Company Ltd. and Numaligarh Refinery Limited for transportation of 1.00 MMSCMD of OIL’s gas from Duliajan to Numaligarh”
An MOU has been signed on 15.9.2004 between Numaligarh Refinery Limited (a joint venture company of BPCL and OIL) and Assam Gas Company Ltd, a Govt. Of Assam undertaking, a pioneer in gas processing, transportation and distribution business, for transportation of 1 MMSCMD of gas from Duliajan to Numaligarh. Numaligarh Refinery Ltd. NRL has already signed the draft agreement with OIL for supply of 1 MMSCMD of gas with effect from March 2006. Now with the signing of the MOU, Numaligarh Refinery Ltd. can prepare itself for utilizing natural gas in place of Naphtha from March 2006 onwards. AGCL, with the reputation of completing all the projects on time is confident enough to complete the 200 K.M. Pipeline Project from Duliajan to Numaligarh within the target date of 31st March 2006. AGCL will receive the gas from OIL at 10 Kg/Cm2 and transport the same through its pipeline and deliver the gas to NRL at a pressure of 32 Kg/Cm2 . The pipeline project has been estimated at a cost of around Rs.400.00 Crores.
As on date, AGCL is capable of transporting and distributing approximately 6MMSCMD of gas with the help of more than 1000 Km of existing pipeline network and necessary gas booster station. The addition of NRL to its list of valued consumers will increase the pipeline network by another 200 Km and transportation capacity by 1 MMSCM per day. This pipeline infrastructure will create opportunities not only for interconnecting North East India with other parts of the country but also will have the provision for connecting pipeline to Bangladesh and Myanmar in due course of time.
The MOU on behalf of Assam Gas Company Ltd. and Numaligarh Refinery Ltd. was signed by Sri P.K. Baruah, Managing Director, Assam Gas Company Ltd. and by Sri B.K. Das, Managing Director, Numaligarh Refinery Ltd., respectively.

JORHAT-GOLAGHAT GAS SUPPLY PROJECT

The project was inaugurated on 16/2/2004 at Jorhat court field, Jorhat and at Jonaki Nagar, Golaghat by Sri Tarun Gogoi, Hon'ble Chief Minister of Assam. Laying work for the 120 km long 300 mm MS pipeline from Lakwa to Golaghat was completed in a record time of five months and the line was charged with gas on 27th June 2005. Several tea estates in the Lakwa-Golaghat belt has started drawing natural gas as fuel for their dryers and many more are expected to be connected to the gas supply system before the commencement of the next production season. Field survey work for supply of piped natural gas to the towns of Jorhat and Golaghat is in progress.

CHIEF MINISTER'S RELIEF FUND
Sri B. Borpatragohain, Managing Director, Assam Gas Company Ltd., Duliajan handed over a cheque of Rs. 20 (Twenty) lakhs to Sri Tarun Gogoi, Hon'ble Chief Minister of Assam, as contribution to the Chief Minister's Relief Fund.

 
PAYMENT OF DIVIDEND

An amount of Rs. 1,26,85,860.00 ( Rupees one crore twenty six lakhs eighty five thousand eight hundred sixty ) only was paid to Govt of Assam as dividend for the year 2003-2004.

TRAINING ABROAD

Four engineers of the company were sent to Asian Institute of Management (AIM), Manila, Phillipines for a three week course on Project Development for Managers during November - December 2004. The company seeks to upgrade the knowledge base of its employees so that the comapny can benefit from the same.

NATIONAL SAFETY DAY

34th National Safety Day was celebrated on 4th March, 2005 at Assam Gas Company Ltd. On the occasion a Safety Seminar was organized at AGCSRC followed by demonstration of fire fighting equipments in the AGCSRC Campus. As part of the Safety Day celebration, Safety Drawing, Safety Slogan, and Safety Poem competition was organized among the children, employees and their Spouses.

TRAINING AND SEMINAR