India plans to unveil its shale gas policy within the next two weeks as it seeks to exploit unconventional resources to fuel its expanding economy and cut subsidies, oil minister Veerappa Moily said on Sunday.
India, the world's fourth biggest oil consumer, wants to quickly tap resources to cut its import bill and rein in a widening current account deficit.
"This (shale gas) will be a game changer," Moily said, adding that the cabinet is planning to consider the new policy within the next two weeks.