Mizoram in talks with IOCL to set up oil depot, plans to restart gas exploration

Mizoram's administration has opened discussions with Indian Oil Corporation Ltd (IOCL) to set up a dedicated oil depot within the state. The move aims to improve fuel logistics and reduce dependence on distant supply points. Officials say the depot will cater to both civilian and commercial demand across the northeastern region. In parallel, the state government is preparing to restart gas exploration projects that were previously put on hold. Reviving these activities is expected to attract investment, create jobs and boost the local economy. While specific timelines have not been disclosed, authorities anticipate that the depot and renewed exploration will progress once regulatory clearances are secured.