(Plastemart) -- The Indian
government is formulating a policy to offer areas for shale gas exploration in
near future and add resources in energy base. Six basins - Cambay, Assam Arakan,
Gondawana, KG onshore, Cauvery onshore and Indo Gangatic basins - have been
identified for offering. Shale is a natural gas produced from shale
formations and has become an increasingly important component of natural gas
supply in US.
During President Barack Obama's recent visit, India and the United States
signed an agreement for cooperation with respect to shale gas technology.
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