“The premier of Province of Alberta, Canada is expected to offer Indian upstream companies like ONGC state-of-art
| fracking technologies,
to develop the vast potential of shale in this country,” said
Dr Veerappa Moily, Union Minister for Petroleum & Natural Gas,
during the Petrotech 2014 event held in Greater Noida from January 12-15, 2014. In exchange, Indian national oil & gas companies are expected to increase their investments and presence in the Canadian hydrocarbon sector. A term contract for Canadian crude is under finalization by Indian Oil Corporation. Canada-India Business Council Daily News Wed. Jan 15, 2014. |