Question : INVESTMENT IN DEEP WATER GAS BLOCKS



(a) whether the Oil and Natural Gas Corporation Limited (ONGC)and the global energy major Royal Dutch Shell proposes to invest in deep-water gas blocks in the Krishna-Godavari Basin off the east coast; and

(b) if so, the details thereof and the progress made so far?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SMT. PANABAAKA LAKSHMI)

(a) and (b): M/s Shell Exploration Company B V, Netherlands had signed a Confidentiality Agreement with Oil and Natural Gas Corporation Limited (ONGC) on 08.10.2012 for data reviewing of 19 deep-water blocks falling in the east coast. The team has now carried out technical data viewing, and further response from M/s Shell exploration company is awaited.