(EnergyAsia, February 21) — India’s Reliance Industries Ltd (RIL) plans to invest more than R50 billion to produce natural gas from coal bed methane (CBM) blocks by mid-2008. (US$1=Rs44). The company is planning to drill 1,000 CBM wells and set up compressor terminals near the sedimentary basins to store and supply methane gas. CBM,…
