NEW DELHI: India will identify areas that have the potential for shale gas, or hydrocrbons trapped in sedimentary rocks, and also formulate a policy soon to tap what experts say will become a rich global source for fuels in the years to come.
India to formulate policy to tap shale gas - Economic Times
Visit http://metlifeinsuranceproducts.wordpress.com/ for MetLife Insurance Products News and Reviews.
NEW DELHI: India will identify areas that have the potential for shale gas, or hydrocrbons trapped in sedimentary rocks, and also formulate a policy soon to tap what experts say will become a rich global source for fuels in the years to come. "Based on geo-scientific data gathered so far during exploration of conventional oil and gas, few onland sedimentary basins and areas in India appear to be prospective in terms of shale gas deposits," Minister of State for Petroleum R.P.N. Singh said. NEW DELHI: India will identify areas that have the potential for shale gas, or hydrocrbons trapped in sedimentary rocks, and also formulate a policy soon to tap what experts say will become a rich global source for fuels in the years to come. "Based on geo-scientific data gathered so far during exploration of conventional oil and gas, few onland sedimentary basins and areas in India appear to be prospective in terms of shale gas deposits," Minister of State for Petroleum R.P.N. Singh said. "Based on the identification of prospective areas and assessment, and after formulating an appropriate policy, steps would be taken for exploration and exploitation of shale gas resources in the country," he told the Lok Sabha , the lower house of parliament.India to formulate policy to tap shale gas - Economic Times
