The total in-place reserves put at 20-30 trillion cubic feet
Company holds 45 % interest in Cambay field
Estimates not endorsed by Central Government

NEW DELHI: In a major boost to the energy security campaign, Australia's Oilex Ltd.

Ahmedabad: State-owned Gujarat State Petroleum Corporation (GSPC)-led consortium has made a huge natural gas discovery in the Cambay basin. Industry estimates suggest the total resource base in the basin may be in the region of 20-30 trillion cubic feet (tcf), almost equivalent to that of Reliance Industries

The Indian gas market is expected to be one of the fastest growing in the world over the next two decades. This paper analyses this market, highlighting the current challenges. It first looks at the industry structure, presents the main players from industry as well as government, and gives an overview of the regulatory framework.

Kohima, July 25: To safeguard the special provisions granted to Nagaland under Article 371 (A) of the Constitution from further dilution, the government today moved a resolution in the state Assembly for framing fresh modalities and rules on exploration of mineral wealth, particularly petrol and natural gas.

Arijit Barman & Kalpana Pathak / Mumbai June 25, 2010, 0:19 IST

We've found lots of it, we're learning how to get it and we think we can clean it before we burn it. Is natural gas the secure answer to our energy woes?

Hyderabad, June 8: The gas-based industries in the state will stand to benefit from the Petroleum and Natural Gas Regulatory Board (PNGRB) ruling that is in favour of differential rates for gas based on their location.

R K Batra & Ruchika Chawla / New Delhi May 31, 2010, 0:22 IST

The Supreme Court

The Ambanis should share the peace treaty with investors
Business Standard / New Delhi May 26, 2010, 0:27 IST

ENERGY CONGLOMERATE Gujarat State Petroleum Corporation (GSPC) plans to start its upstream overseas arm in the next two to three years to look after its global oil and gas exploration activities, a top company official said.

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