Gas boost for Rs 6000cr fertiliser plant - News Summed Up

Gas boost for Rs 6000cr fertiliser plant


The company not only entered into a protracted negotiation with landlosers but also changed its gas production strategy. Former industries minister Nirupam Sen had laid the foundation of the Matix plant in 2008. Given that Matix will use up most of the CBM, the shale gas reserves may open up opportunities for other customers. He indicated that Essar could consider sending shale gas to other regions, including Calcutta and Haldia, apart from Burdwan. After the production mining lease is signed, shale gas (richer methane) may be produced in three-four years," Maheshwari said.


Source: The Telegraph July 13, 2016 23:15 UTC



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