<span style="color: #222222;">Chief Managing Director of OIL Utpal Bora said that the joint venture company formed by OIL, GAIL and Assam Gas Company has bid for piped gas projects in Guwahati and Barak valley in Assam. </span><br />'' <br />'' <span style="color: #222222;">He said that works on the projects are likely to be carried out simultaneously with the North East Natural Gas Pipeline Grid Project which would connect the region to National Gas Grid. </span><br />'' <br />'' <span style="color: #222222;">Mr.Bora said that both the projects are likely to be completed in 3 years. He said that OIL has started receiving dividends from its 2 oil fields in Russia.</span>