Coalbed methane could cut India`s energy deficit
- Advanced Resources International Inc., Arlington, VA (United States)
- MathTech International Inc., Arlington, VA (United States)
Foreign interest in upcoming Indian coalbed methane (CBM) concession rounds will depend on prospect quality, fiscal regime attractiveness, and perceptions interested parties will have concerning the government`s willingness to promote development. The more liberal tax and royalty provisions for foreign producers announced by the ministry of Petroleum and Natural Gas indicate that India is interested in attracting international CBM investments. This article examines the potential for developing the country`s large CBM resource base, estimated between 30 tcf (250 billion cu m) and 144 tcf (4 trillion cu m) of gas. It also provides an overview of the current contractual and regulatory framework governing CBM development.
- OSTI ID:
- 605802
- Journal Information:
- Oil and Gas Journal, Vol. 96, Issue 21; Other Information: PBD: 25 May 1998
- Country of Publication:
- United States
- Language:
- English
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