India Expands Offshore Oil-Gas Exploration to Extended Shelf

06 Aug 2024 CW Team

India is set to expand its offshore oil and gas exploration efforts to include the extended continental shelf (ECS). This strategic move aims to tap into potential energy reserves and bolster the nation's energy security.

The Indian government has announced plans to extend exploration activities beyond the current territorial waters into the ECS, an area extending 200 nautical miles from the coast. This expansion is expected to unlock new reserves of oil and natural gas, contributing significantly to India?s energy resources.

The extension involves a comprehensive exploration program using advanced technology to assess and exploit hydrocarbon resources in these deeper waters. The initiative is part of India's broader strategy to reduce reliance on imported energy and enhance domestic production capabilities.

By exploring the ECS, India hopes to increase its energy self-sufficiency and strengthen its position in the global energy market. This move is also anticipated to attract investment in the oil and gas sector, create job opportunities, and foster economic growth.

The government is coordinating with international experts and agencies to ensure the exploration activities adhere to environmental and safety standards. This approach aims to balance resource development with the protection of marine ecosystems.

Overall, the expansion into the extended continental shelf represents a significant step in India?s quest to secure its energy future and reduce its dependency on foreign oil and gas supplies.

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