Development of Coal bed Methane
Presently, Coal Bed Methane (CBM) gas production from Raniganj (South) block in the State of West Bengal is around 1,46,000 cubic meter per day. The Commercial production of CBM started in July 2007 from this block operated by M/s Great Eastern Energy Corporation Limited (GEECL).
Government does not make any investment in CBM blocks for exploration, development and production activities. The entire investment is made by the Contractors fro carrying out the committed work programme, field development and production activities in CBM blocks. The investment commitment by the operators for activities during the last two years (2008-09 & 2009-10) and the current year (2010-11) was around Rs.1460 crore. Out of these, about Rs. 1235 crore has been expended by different operators of CBM blocks during the last two years and in the current year.
In order to harness the Coal Bed Methane (CBMM) potential in the country, Government of India formulated a CBM Policy in year 1997 and implemented it in 2000. The Policy has provided a level playing field for exploration and commercial exploitation of CBM by national and international companies. So far, 33 CBM blocks have been awarded. Out of 33 blocks, 30 CBM blocks have been awarded in the first four rounds of CBM, two CBM blocks have been awarded on nomination basis and one through the Foreign Investment Promotion Board (FIPB) route.
This information was given by the Shri R.P.N. Singh, Minister of State for Petroleum and Natural Gas in a written reply in Lok Sabha today.
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