Exploration of unconventional resources such as shale gas in India would be one of the top agendas for discussion when Prime Minister NarendraModi visits the US later this month. The US has emerged as the world’s leading producer of shale gas and energy-deficit India, which has taken preliminary steps towards mining such hydrocarbon, needs technology to drive exploration.
Also, the two sides are expected to talk about export of shale gas to India, officials privy to the development told FE.
Shale gas has emerged as a new and clean source of energy after its exploitation in US over the past one decade. Now, companies in Canada, Europe, Asia and Australia are working towards finding ways for economic exploration of the gas. According to preliminary reports, India has huge shale deposits in several coastal states, Assam, Gujarat and Rajasthan, among others. But, no work has been done to verify the exact shale potential in India.