(PTI)
Essar Oil and Gas Exploration and Production Limited (EOGPL) would submit a proposal on shale gas exploration potential to the steering committee set up by the ministry of petroleum and natural gas for the company’s Raniganj CBM block in West Bengal.
The company would also enter into an agreement with state-owned GAIL in the middle of March this year for selling its entire production of CBM to the PSU. “We will submit a proposal detailing on the potential of share gas exploration to the steering committee set up by the ministry for the Raniganj CBM block in March,” MD and CEO of EOGPL Vilas Tawde told reporters here today.
He said that the potential reserves of shale gas at the Raniganj block was approximately 1.5 trillion cubic feet (tcf), adding that it would be done under the simultaneous exploitation policy under single licensing system for conventional and unconventional energy of the government.
