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Govt to release shale gas policy

Oil & Gas
July 1, 2013July 1, 2013
Govt to release shale gas policy
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Union government would announce policy on exploration and production of shale gas soon. The ministry will finalise the policy once it receives comments from different ministries. Once the policy is announced, the government would invite bids from companies for exploration of shale gas blocks. Bidders will be asked to quote a percentage of the output they are willing to share with the government at different production slabs.

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