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ONGC receives extortion threat from ULFA
By agencies
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Tuesday, 17 January 2006, 20:30 IST
NEW DELHI: The Oil and Natural Gas Corporation (ONGC)received an extortion threat after it announced an investment of $750 million in Assam. The company has received a $113.63 million extortion threat from the outlawed United Liberation Front of Assam (ULFA).
After receiving extortion letter from ULFA, the company has asked the State Government of Assam to tighten security at its instillations. Assam had a law and order problem for long and ONGC did not see its operations being affected by such threats, reports on television news channels said a team of ONGC executives had rushed to Assam to take stock of the situation.
ONGC has 15 oil and gas fields in Assam and employs more than 8,500 people in the state. This is the second major threat ONGC has faced in Assam in less than a year. Prior to this, in May 2005, ONGC was forced to shut all its oilfields in Assam for four days after activists of the All Assam Students Union forced the company's employees to move out of the operational areas at the wells.