Financial Feasibility Analysis of Shale Gas Extraction

Code : FCF0027

Year :

Industry : Oil and Gas

Region : Asia

Teaching Note: Available

Structured Assignment : Not Available

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INTRODUCTION: It was early August 2019 and like on any other working day, Sumit Asthana (Asthana), Chief Executive Officer (CEO), Petro India Limited (PIL) – one of the leading oil and gas companies in India, came home around 9 p.m. after a hectic day at the office and turned on the TV to relax. Coincidentally, one of the leading news channels was airing a program titled “Shale Gas – Need of the Hour.”

The channel reported that at the World Economic Forum meetings, major discussion points of late were the faster depletion of conventional oil and gas sources, the problem of greenhouse gases, and the need for non-conventional sources of energy to meet the increasing energy requirements around the globe..

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