CBM Development and Associated Coal Blocks in India

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(Free-Press-Release.com) July 10, 2010 -- CBM Development and Associated Coal Blocks in India: 2010

Coal Bed Methane (CBM) is a non conventional fuel with properties similar to that found in natural gas, and is considered as India's next big natural resource development push. Most of the CBM gas is in an adsorbed state on the micropores of the coal surface. Thus, coal is both the source and reservoir rock for CBM. Since India is endowed with rich deposits of coal and lignite, there is a huge untapped potential of CBM gas, which could be used for bridging the ever increasing demand-supply gap of natural gas in India. ( http://www.bharatbook.com/detail.asp?id=144644&rt=CBM-Development-and-Associated-Coal-Blocks-in-India-2010.html )

Commercial production of CBM is a proven technology and USA is the leader in CBM production in the world. Having the 4th largest proven coal reserves and being the third largest coal producer in the world, India holds significant prospects for commercial recovery of CBM. With this prospect in view, the Government of India finalised a comprehensive CBM Policy in 1997. Also, after making due allowance for the coal mining programmes and by close interaction with the Ministry of Coal (MoC), the DGH has drafted the terms and conditions of CBM exploitation. Following it, thirty three CBM blocks have been awarded under 4 rounds of international competitive bidding and on nomination basis. Report Highlights The report attempts to capture and analyse the opportunities and challenges faced in CBM block development in India. The key data points used for analysing a CBM block are listed below, along-with the latest status of coal block development.

* Operator
* Location
* Consortium Members (if any)
* Production Capacity
* Date of Signing Contract
* Area
* Depth of Exploration
* Production Schedule
* Petroleum Exploration License Award Date
* Relinquishment
* Bank Guarantee (s)
* Arbitration / disputes

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=144644&rt=CBM-Development-and-Associated-Coal-Blocks-in-India-2010.html

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