Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
11-March-2011 16:56 IST
Action Initiated to Identify Shale Gas Potential Areas and to Formulate Policy for its Exploration : R.P.N. Singh
The Minister of State for Petroleum & Natural Gas Shri R.P.N. Singh informed the Lok Sabha in a written reply today that the Government has initiated action to identify potentially prospective areas of Shale Gas resources as well as to formulate a policy for its exploration and exploitation. “Based on the identification of prospective areas and resource assessment and after formulating an appropriate policy, steps would be taken for exploration and exploitation of Shale Gas resources in the country”, he added.

The Minister also said that a Memorandum of Understanding (MOU) on Shale Gas Resources between India and United States of America (USA) was signed in November, 2010. Under the MOU, both the countries would cooperate in the following areas of Shale Gas development:

- Shale Gas Resource assessment in India.

- Technical studies on Shale Gas exploration in India.

- Share best practices on establishing a regulatory framework and safeguard measures for the sustainable development of Shale Gas.

- Promoting sustainable domestic and foreign investment in Shale Gas development.

Shri Singh further said that based on the geo-scientific data gathered so far during exploration of conventional oil and gas, few onland sedimentary basins/areas in India appear to be prospective in terms of Shale Gas deposits. However, detailed studies are being taken up to identify the prospective basins/areas and estimation of Shale Gas resources in the country. The reserves and production potential of Shale Gas will be known only after resource estimation, award of blocks and subsequent exploration and production activities to be carried out in the awarded blocks.

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