Australia's Galilee, India's Essar sign MoU on CBM
The companies will explore collaboration opportunities for their coalbed methane (CBM) assets in Australia and India.
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The companies will explore collaboration opportunities for their coalbed methane (CBM) assets in Australia and India.
Addressing an energy summit organised by Indo-American Chamber of Commerce and Industry here, Puri said smaller refineries pose lesser hurdles like land acquisition and others.
Puri's comes against the backdrop of stuck plans of IndianOil, Bharat Petroleum and Hindustan Petroleum to set up a 60 million metric tonne per annum (MMTPA) capacity refinery at Ratanagiri in Maharashtra.
India’s Essar Oil and Gas Exploration and Production Ltd (EOGEPL) is planning to invest $244.39m to develop itsCBM project.
Team of technocrats from company is now working in Houston, Texas, to finalise plan to explore field