chinarubberseal

While the present issue that Mr Mahanta referred to was about the decision of the Petroleum ministry to auction at least 12 small and marginal oil and gas fields in Assam, his camp in the AGP is not happy with the way he has been marginalised in the decision-making process.Mr Mahanta told reporters on Tuesday, "We came to know about the decision of the Petroleum ministry to auction 12 oil and gas fields from newspapers. The decision China Auto-maintenance equipment plastic product Manufacturers is against the spirit of the Assam Accord and I would like to request the Central government to put a hold on the bidding process."In the House of 126, BJP has 60 MLAs, AGP 14 and BPF 12.Apart from Opposition Congress protesting the decision of auctioning the oil fields, farmers’ organisation Krishak Mukti Sangram Samiti and the All Assam Students Union (Aasu) has also opposed the move.

 Even the Bodoland People’s Front (BPF) has asked the government to reconsider the decision.Bidding for these oil and gas fields is supposed to start next month. The decision of the Petroleum and Natural Gas ministry, to go for open bidding of 67 small and marginal oil and gas fields, included 12 fields in Assam.Mr Mahanta said, "My party has already convened an executive committee meeting on July 3 to take a decision on this, but being a signatory of the Assam Accord, I am not happy with such unilateral decisions." He reminded that oil fields and foreigners’ problems had been an emotive issue in Assam.Oil market watchers said last week's decline in US commercial inventories is also helping boost prices. 

 Oil prices rose in Asia on Friday as traders welcomed assurances from central bank around the world that they were ready to step in to prevent a global rout following Britain's vote to leave the European Union.After the initial shock of last Thursday's referendum sparked a freefall, this week has seen a broad recovery across all asset classes. South Korea has promised of billion in stimulus and speculation swirls that Japan is planning to further loosen monetary policy while the chances of the US raising interest rates this year have all but evaporated.On Thursday Bank of England boss Mark Carney hinted that policymakers were contemplating a cut in interest rates. The news sent European and US shares soaring, and Asian traders picked up the baton Friday to press more gains.