India's oil minister recently announced an effort to refresh the two-decade-old estimate of oil and gas reserves. But Fereidun Fesharaki, chairman at FGE, a consulting group focused on oil and gas markets, remains skeptical about efforts to further develop India's gas and oil industries — unless the government allows prices that are competitive with the international market.
Robert Johnston, director of the global energy and natural resources practice at Eurasia Group, addresses the prospects for the United States becoming a natural gas “superpower,” and the global geopolitical and investment implications of the US shale energy boom.
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