CIL to soon get right for exploring coal bed methane: Oil Secretary
Public sector miner Coal India would soon get the right to explore coal bed methane (a form of gas found in coal beds) in its existing mines, Vivek Rae, Secretary, Ministry of Petroleum and Natural Gas, said, while addressing the Energy Security Conference 2013 organised by CII in New Delhi.
Currently, India does not have a policy regime for simultaneous extraction of CBM and coal. But, it does have a CBM policy. The Petroleum Ministry has auctioned 30 CBM blocks in four rounds. Three others have been allocated on nomination basis.
Rae said that India has better CBM opportunities than shale gas/oil.