1st International Congress on Shale Exploration in India

1st International Congress on Shale Exploration in India

India will soon unveil a Shale Gas Exploration Policy as it looks to exploit unconventional hydrocarbon resource to meet its growing energy needs. The policy, based on which the government will launch its first auction of shale gas block by 2013-end.
Shale gas blocks will be offered on terms that are likely to be remarkably different from those offered in bid rounds for oil and gas blocks. Shale gas or natural gas trapped in sedimentary rocks (shale formations) below the earth’s surface is the new focus area in the US, Canada and China as an alternative to conventional oil and gas for meeting growing energy needs.
As per the available data, six basins – Cambay (in Gujarat), Assam-Arakan (in the North-East), Gondawana (in central India), KG onshore (in Andhra Pradesh), Cauvery onshore and Indo Gangatic basins hold shale gas potential.
The 1st International Congress on Shale Exploration in India will cover important issues like, Regulatory & Policy, Business Strategy by E&P Operators, Technology Challenges, International Experiences, Investment & Infrastructure, Attracting Investors, RoR (Right of Refusal), Techno- Economics and Environmental Challenges.
Congress will bring together stakeholders from Government, Operators, Technology, Environment, Investors, Consultants etc. to discuss the future and opportunities in Shale Gas in India.
shale
30th August 2013
Le Meridien, New Delhi
Source: cerebralbusiness.com
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