Natural gas imports will surpass domestic production in 2 years

Dec 06 2012, 03:33 IST
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SummaryIndia's import of natural gas will surpass domestic production in two years as output from fields like Reliance Industries' KG-D6 field stagnates.

quite similar to the position in India.

Neighbouring Pakistan too has announced a new exploration policy giving price of $7 for shallow water finds, $8 for deepsea discoveries and $9 for ultradeep exploration.

China too has offered subsidises to energy companies who develop the nation's shale-gas resources.

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