India´s petroleum ministry and the US Geological Survey have discovered large, highly enriched accumulations of natural gas hydrate -an icy form of the fuel - in the Bay of Bengal, opening up a new resource to meet energy needs.
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Govt steps to unlock shale gas reserves
The government is taking steps to unlock the potential of shale gas reserves in India in order to bridge the ever rising demand for energy. The country is dependent on import to meet over 70 per cent of crude oil and this is expected to change if we successfully explore shale gas reserves