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Topic : Different fuel options
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Created by : mridul k p, Geotechnical site engineer, Edrasis middle east  | 08 12 2009 16:50:24 +0000
Industry : Oil & Gas
Keywords : oil cochin expedition
Activity:  746 views;  last activity : 07 06 2010 20:18:09 +0000

The expedition of petroleum mining in the coastal regions of konkan, i,e in cochin and goan coasts is going on. If the petroleum is found out there should we start using it now?

 
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yes us it Vs no let we keep it as a reserve
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currently if we look at the petroleum costs per barrel, its comparetively on a lower side, and more over when the world economy recovers from recession it may rise so it will be better to buy the oil now for lower costs. and to use the reserves when the oil prices is soo high and when it becomes unbearable by the governments to provide the subsiddies.


By mridul k p, Geotechnical site engineer, Edrasis middle east  08 13 2009 14:42:59 +0000
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U are right Mridul,but it will take time till then ur argument is quite acceptable,I only one month back wrote about the availability of this oil and at that time faced opposition and kept quite.that time also news was based on some ground.


By SB DIKSHIT, STATE QUALITY MONITOR, U.P.R.R.D.A  | 08 13 2009 15:30:12 +0000
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First we have to ascertain the quantity available there.. before we decide to use it or not....If we are getting uninteruppted supply,, then why to use it, keep it as a reserve....


By Punit Gupta, Manager Construction, Wital See Marketing Limited  | 08 17 2009 07:03:07 +0000
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Very soon India is going to face scarcity of petrol. I think, we should keep all the recently discovered petroleum mines for our future generations.


By Priyank Tewari, Product Development Manager, Reliance Petroleum  | 08 14 2009 11:29:37 +0000
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i thnk that we should keep it as a reserve


By A R Vinayak Das, Civil Engineer, Consulting Engineering Services (I)  | 08 13 2009 15:45:42 +0000
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