[According to this article, this is the estimate by the Union Minister of Oil and Gas of how much offshore resource gas there is in India. To convert a cubic metre into cubic feet, you must multiply by 35.31. This prediction therefore suggests that there are 66,877 tcf. Just to place this into context, if the KG#8 discovery is 20tcf, then it suggests that the total gas hydrates offshore would be more than 3,300 times that discovery. How much of that is recoverable is another question. Joyfull888]
Drill research ship to sail on May 3
MR MURLI DEORA (centre), Minister for Petroleum and Natural Gas, Mr M.B. Lal, Chairman and Managing Director, HPCL, and Dr Timothy S. Collett, of the US Geological Survey, on board the research vessel JOIDES Resolution in Mumbai on Sunday. � Shashi Ashiwal
Mumbai , April 30
The scientific research drill ship `JOIDES Resolution,' hired by India to explore deep-sea gas hydrate reserves, would sail from here on May 3 to commence drilling operations.
Addressing the media on Sunday, Mr Murli Deora, Union Minister for Petroleum and Natural Gas, said that total prognosticated resource of offshore gas hydrates in India was 1,894 trillion cubic metres, 1,900 times the country's current gas reserves.
The exploration would be conducted under the National Gas Hydrate Program (NGPH) of the Directorate General of Hydrocarbons. Even if the country is able to tap one per cent of the estimated gas hydrate reserves, our energy requirement for the coming decades can be met, he said.
The drilling and exploration would be carried out by Indian and international scientists. Dr Timothy S. Collett, Research Geologist of the US Geological Survey, chief scientist of the exploration team, said the ship would explore prospective gas hydrate fields along the western coast in Konkan, the Krishna Godavari basin, Mahanadi and areas around the Andaman seas.
joyful: There are claims that India is well on its way to becoming the No 1 super Power in the world by the end of this decade.
As they have the worlds largest human and cattle population, they have the largest suppply of natural above ground methane. Recently they claim to have the worlds largest under ground Hydrocarbon deposits and are building the worlds largest Refinery. They also have the worlds largest transport system which some say will be the fastest in the world.
The proof of all this is in their Stock Market which has had the highest rate of return any where in the world. Many Indian immigrants to this Country are returning in droves. Check the airline bookings.!
Though i dont doubt what your saying, have u been to chicago latley on devon ave.? There are more indian stores and people than rice in china. Its a great community though those folks sure are tough buisnessmen. ps. Dam they make a great cup of dunkin java