State-run Indian explorer Oil and Natural Gas Corporation (ONGC) is reportedly planning to start commercial drilling for shale gas next year. Last month, the Cabinet Committee on Economic Affairs (CCEA) allowed ONGC and Oil India (OIL) to tap shale resources in blocks allotted to them on a nomination basis.
Of about 356 blocks held by ONGC and OIL, India’s upstream regulator has said 176 could hold shale resources.
Of about 356 blocks held by ONGC and OIL, India’s upstream regulator has said 176 could hold shale resources.
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