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    The Australian: Water stress raises red flag for India's shale gas prospects

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Summary

INDIA'S chronic water shortage is likely to delay – if not derail -- its hopes for a shale gas bonanza of the type that has revolutionised the North American energy scene since 2005.

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Asia/Oceania

The Australian: Water stress raises red flag for India's shale gas prospects

INDIA'S chronic water shortage is likely to delay – if not derail -- its hopes for a shale gas bonanza of the type that has revolutionised the North American energy scene since 2005.

Drilling for shale is highly water-intensive, but India, like China, is depleting groundwater faster than its natural replenishment rate, meaning many parts of the country are at “extreme risk” of water stress, according to global risk analyst Maplecroft.  MORE