Tuesday, January 02, 2007

Extraction of CBM need priority

A report titled ‘India Energy Outlook’ published by the global consulting firm KPMG states, “With proven reserves of 765Mtoe (Million tonnes of oil equivalent) and indicated reserves of between 1260- 2340Mtoe, CBM as an opportunity could be larger than either oil or natural gas.” In fact, the concept of Coal Bed Methane as a viable alternative fuel is not a new phenomenon. It started in 1970s in the US, and now, around 7% of the current total natural gas production there is from Coal Bed Methane.

Given the fact that almost all types and grades of coal have more than 90% of contents as methane, and that India has more than 200 billion tones of coal reserves, it is nothing but self defeating to not give the extraction of Coal Bed Methane a national priority.

For complete IIPM article click here

Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

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