Petroleum and Natural Gas Minister, M Veerappa Moily said that his ministry was working on a “positive and forward-looking” shale gas policy that would be placed before the Union cabinet shortly.
Shale gas or natural gas trapped in sedimentary rocks (shale formations) below the earthÂ’s surface, is the new focus area in the US, Canada and China as an alternative to conventional oil and gas.
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Govt to introduce shale gas policy soon
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Govt to introduce shale gas policy soon
Petroleum and Natural Gas Minister, M Veerappa Moily said that his ministry was working on a “positive and forward-looking” shale gas policy that would be placed before the Union cabinet shortly.
Shale gas or natural gas trapped in sedimentary rocks (shale formations) below the earthÂ’s surface, is the new focus area in the US, Canada and China as an alternative to conventional oil and gas.
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India to bid for shale gas exploration
In order to meet the growing energy needs, India will lauÂnch its maiden bid round for exploration of shale gas during the 12th Plan period (2012-17). As per the available data, six basins - Cambay (in Gujarat), Assam-Arakan (in the North-East)