.png "GoI, Assam, Nagaland Sign Tripartite MoU to Boost Oil and Gas Production")
- The pact covers six disputed oil fields and over 1,000 sq km of border land, ending decades of stalled resource development.
- It ensures a 50:50 revenue sharing model between Assam and Nagaland, balancing benefits for both states.
- Production is expected to rise nearly ten‑fold from the current 1,000–1,500 barrels/day, with one field valued at ₹15,000+ crore.
- This marks the revival of oil production in Nagaland after 31 years of stagnation, a major milestone.
- The MoU strengthens India’s energy security, attracts investments, and creates jobs.
- It is projected to drive regional development and economic growth in the Northeast.
Question:
Q.1 What revenue-sharing arrangement has been agreed upon between Assam and Nagaland under the MoU?a) 60:40 in favour of Assam
b) 70:30 in favour of Nagaland
c) 55:45 in favour of Assam
d) 50:50 sharing model
Answer: d) A 50:50 revenue-sharing model has been adopted to ensure equitable distribution of benefits between the two states.
