Q. With reference to shale gas in India, consider the following statements:
Which of the statements given above is/are correct?
Q. With reference to shale gas in India, consider the following statements:
Which of the statements given above is/are correct?
The correct option is D Neither 1 nor 2
Explanation:
Statement 1 is incorrect: In India, the majority of the prospective basins having shale gas are of the Paleozoic era and not of the Cenozoic era’s tertiary period. Our tertiary period shale gas basins are at Cambay and Assam (see the image given below).
Statement 2 is incorrect: The Union Government, in August 2018, approved the policy to permit exploration and exploitation of unconventional hydrocarbons such as Shale oil/gas, Coal Bed Methane (CBM), etc. It started being carried out under the existing Production Sharing Contracts (PSCs), CBM contracts, and Nomination fields to encourage the existing Contractors in the licensed/leased area to unlock the potential of unconventional hydrocarbons in the existing acreages.
Explanation:
Statement 1 is incorrect: In India, the majority of the prospective basins having shale gas are of the Paleozoic era and not of the Cenozoic era’s tertiary period. Our tertiary period shale gas basins are at Cambay and Assam (see the image given below).
Statement 2 is incorrect: The Union Government, in August 2018, approved the policy to permit exploration and exploitation of unconventional hydrocarbons such as Shale oil/gas, Coal Bed Methane (CBM), etc. It started being carried out under the existing Production Sharing Contracts (PSCs), CBM contracts, and Nomination fields to encourage the existing Contractors in the licensed/leased area to unlock the potential of unconventional hydrocarbons in the existing acreages.
