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RIL nears starting gas production from CBM blocks in Madhya Pradesh

RIL nears starting gas production from CBM blocks in Madhya Pradesh

Reliance Industries is on the verge of starting commercial production of natural gas from its coal-bed methane (CBM) blocks in Madhya Pradesh.

CBM producers can't charge more than natural gas: Oil Min

GEECL was able to charge higher price as the five year validity of the USD 6.79 per mmBtu rate approved in 2008, had expired.

India, Pak review implementation,strengthening of nuclear CBMs

India and Pakistan on Friday reviewed implementation and strengthening of existing nuclear Confidence Building Measures (CBMs) as well as possibilities for mutually acceptable additional CBMs.

GECL expects to go for drilling of core wells by this year

Coal-bed methane (CBM) company Great Eastern Energy Corporation (GEECL) today said it is hopeful of going in for drilling of core wells by this calendar year with an estimated investment of around Rs 100 crore at Mannargudi block in Tamil Nadu.

OilMin repeats query on CBM gas pricing to RIL

Days before a 60-day deadline for approval of RIL's import parity pricing of gas to be produced from below coal-seams (CBM) expired, the Ministry on July 12 asked the company to explain the fixed component in the pricing formula, sources said.

RIL seeks USD 13/MMBtu price for CBM

Reliance Industries has sought government nod for selling gas, that it will produce from coal seams in Madhya Pradesh, at a price close to USD 13 per mmBtu.

‘India, Pak to announce new CBMs on Kashmir’

Pakistan and India are likely to announce new Kashmir-related confidence-building measures, when the Foreign Ministers of the two countries meet in New Delhi this week.

Effective Pak action in 26/11 will be most important CBM: India

Noting that relationship with
Pakistan is ridden with complexities, India on Friday made it
clear that effective action by Pakistan in the 26/11 case
would be the "most important confidence building measure".