India seeks to promote shale gas exploration efforts

Subscribe to GoodReturns
Following the example set by China, India is also stepping up efforts to encourage shale gas exploration in Asia's third largest economy.

Through active engagement with academicians operating in the US oil and gas industry, India is hoping to develop a pool of scholars whose technical expertise may be crucial in India's shale gas exploration efforts.

"Our consul general in Houston has brought to our attention some very ingenious efforts by the Chinese oil and gas industry to learn from the US oil and gas industry and the extensive linkages with the US academia that it nurtures," said Sudhir Vyas, secretary, economic relations in the external affairs ministry, incommunication to his counterpart in the petroleum and natural gas ministry, on Tuesday.

The goal "is to develop a pool of Chinese scholars with academic and technical experience in shale gas and other petroleum engineering technologies. Alongside, the Chinese oil and gas companies are also sending 'industry interns' to various US companies", Vyas added.

Shale Gas is a clean and highly efficient energy resource and is produced from shale through a process called hydraulic fracturing. The US is the largest producer of shale gas in the world.

Production of shale gas in India will not only answer the problem of natural gas shortage in the country, but also alter the nation's energy supply structure.

China has stepped up shale gas exploration efforts with the government encouraging the survey and appraisal of shale gas in a bid to promote the development of China's shale gas industry.

The Chinese government has sponsored students to learn, research and teach in top US institutes in shale gas to encourage the development of technical expertise and assist in the exploration of the gas.

Read more about:
Story first published: Wednesday, November 7, 2012, 13:30 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC