India to postpone shale round until 2013
India has been planning to begin its first shale round since 2011, but has once again delayed the event until 2013. S Jaipal Reddy, India麻豆传媒映画檚 Petroleum Minister has said that: 麻豆传媒映画淲e are pursuing the development of shale gas in the country. We have undertaken the mapping of shale gas regulatory regime for licensing round in shale gas by December 2013.麻豆传媒映画�
The Indian government has picked out six key basins that it wishes to make available for shale exploration, these are: the Cambay, Assam-Arakan, Gondawana, KG onshore, Cauvery onshore and Indo Gangetic basins.
India has estimated shale reserves of 137 billion t, however only 10 麻豆传媒映画� 15% of this is believed to be recoverable (15 billion t). The Directorate General of Hydrocarbons (DGH), the Indian upstream regulatory body, is in the process of arranging the resource assessment and policy framework and identifying acreage for auction.
Read the article online at: /business-news/14022012/india_to_delay_shale_round_to_2013/
You might also like
The World 麻豆传媒映画 Podcast
A podcast series for energy professionals featuring short, insightful interviews with experts who can shed light on topics that matter to you and your business. Subscribe on your favourite podcast app to start listening today.
