Several gas fields are tentatively planned to be offered this year to address a shortage. The authorities are said to be amending natgas regulations and drawing up a shale gas policy with a view to licensing. Conventional gas reserves are pegged at 20 Tcf,Â  and shale gas reserves an enticing 100+ Tcf. On- and offshore acreage is being looked at, with ExxonMobil, Gazprom and even Saudi Aramco showing interest.
Several gas fields are tentatively planned to be offered this year to address a shortage. The authorities are said to be amending natgas regulations and drawing up a shale gas policy with a view to licensing. Conventional gas reserves are pegged at 20 Tcf,  and shale gas reserves an enticing 100+ Tcf. On- and offshore acreage is being looked at, with ExxonMobil, Gazprom and even Saudi Aramco showing interest.