India's Reliance interested in shale gas - report

Mon Nov 16, 2009 3:46am GMT
 
Email | Print | | Single Page
[-] Text [+]

NEW DELHI, Nov 16 (Reuters) - Indian energy major Reliance Industries (RELI.BO) is studying technologies used in producing shale gas and may think of making an investment, the Economic Times reported, citing an unnamed senior company official.

"We are studying the prospects and we will take a decision on the investment in the next six months," the official was quoted as saying.

A spokesman for Reliance could not immediately offer a comment on the report.

For a recent Reuters column on how shale gas is transforming energy outlook, see [ID:nLB290860]. (Writing by Devidutta Tripathy; Editing by Ranjit Gangadharan)

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos