In late 2013, India gave rights to ONGC Ltd to explore for shale oil and gas reserves
India is a gas-starved country and imports almost half of its annual natural gas consumption
close the chapter once and for all within three years,” an executive from one of the companies who attended the meeting said.
India is a gas-starved country and imports almost half of its annual natural gas consumption. Prime
Minister Narendra Modi wants India to be a gas-based economy and increase the share of gas in the country’s energy mix to 15% by 2030 from 6.5% now.
All coal bed methane (CBM) developers were invited to the meeting in January,