The world waits for no one, with rapid strides in the fie...


The world waits for no one, with rapid strides in the field of unconventional oil sources and new technologies, countries world over have started taking effective measures to safeguard their energy needs as the crude oil prices have been highly volatile in past few decades. As per international Energy Agency, India, China and west Asia will account for 60% of worlds energy demand by 2035. One of the ways in which India can work towards achieving more is by promoting effective oil conservation strategies.
Some of the steps that the country needs to take are:
Improve the recovery factors of existing reservoirsPromote exploration and production of Shale Oil and Shale Gas in the country Increase the pipe line network Build smarter refineriesDevelop alternate sources of energyUse of state of the art advanced IT solutions Utilize the vast manpowerMaintain safety standardsIt is entirely up to India as to what it intends to achieve. Being energy - independent should be the primary aim of the country.
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Published on May 02, 2013 21:49
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