GREY:NKRSF - Post by User
Post by
joecon Jul 25, 2018 8:20pm
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Post# 28368079
A BIG Positive for Niko??!
A BIG Positive for Niko??!The GOI yesterday:
"has now redefined 'petroleum', thereby giving operators the option to explore all hydrocarbons -- including traditional oil and gas, shale, coal bed methane and hydrates -- in the same field." The article from our buddy Shine Jacob is below.
https://www.business-standard.com/article/companies/petroleum-definition-changed-for-uniformity-in-operations-118072501115_1.html
Below is a good article on the potential reserves of hydrates in the KG basin!
https://timesofindia.indiatimes.com/business/india-business/ONGC-hydrates-discovery-may-be-4-times-bigger-than-RILs-gas-find/articleshow/50505577.cms
I think this is a BIG positive?