Moily to visit country's first shale gas well in Gujarat on November 26
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Union minister for Petroleum and Natural Gas, M Veerappa Moily will be visiting Gujarat on Tuesday to attend a "dedication ceremony" of the country's first shale-gas exploratory well being dug in the Cambay Basin by Oil & Natural Gas Corp (ONGC), official sources said.
ONGC has already started drilling this well at Jambusar in Bharuch district after the cabinet cleared the way for shale gas exploration about a month ago, officials added. This well is part of the company's Ankleshwar Asset.
During the event meant to dedicate the well to the nation, ONGC's chairman and managing director Sudhir Vasudeva is scheduled to remain present alongside the Union Minister, sources from the company said on Saturday.
Apart from the Cambay Basin in Gujarat, the company which is looking to tap unconventional and alternate sources of energy will also be exploring Krishna-Godavari, Cauvery and Vindhyan sedimentary basins for shale gas in the near future. These explorations are expected to be carried out in alliance with ConocoPhilips, a US-based oil company that is leader in shale gas and deep-water exploration.
ONGC had earlier taken up a pilot project for shale gas exploration in Raniganj, West Bengal and North Karranpura in Jharkhand.