Shale Gas Bidding Round Could Prove Very Rewarding

BMI View: The announcement of a shale gas bidding round proves India is willing to compromise in order to tap into its shale gas resources - while also addressing the challenges which are inherent in utilising the country's huge shale-gas potential. We expect a regulatory framework to be finalised in H112 and the round to take place in Q312. We also believe it may attract many international players, positioning the country close to the forefront of unconventional gas exploration and production in

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