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Reliance interested in shale gas - report

Mon Nov 16, 2009 9:27am IST
 
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NEW DELHI (Reuters) - Energy major Reliance Industries is studying technologies used in producing shale gas and may think of making an investment, the Economic Times reported, citing an unnamed senior company official.

"We are studying the prospects and we will take a decision on the investment in the next six months," the official was quoted as saying.

A spokesman for Reliance could not immediately offer a comment on the report.

(Writing by Devidutta Tripathy; Editing by Ranjit Gangadharan)

(For more news on Reuters Money visit www.reutersmoney.in)

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