The Directorate General of Hydrocarbons, under the Petroleum Ministry, will be setting up a National Data Repository to make available all the data concerning the national mineral wealth at one place.
"Our vision is that the country's energy mineral data should be available at one place to anybody who is working in oil and gas sectors," S K Srivastava, Deputy Director General, Directorate General of Hydrocarbons, New Delhi, told reporters on the sidelines of a conference on energy, organised by CII in Hyderabad.
He said data is generated from all oil and gas companies and others working in the sector and compilation of that data would ensure synergy and lead to optimal utilisation of resources.
"Eventually, we have to assess the energy potential of the country. This data will help that," he said.
"As Directorate General of Hydrocarbons, we are supposed to get data from anybody who is working in oil and gas sectors. Eventually, we will be requesting the Geological Survey of India and Coal India Ltd to host their data here. Tenders for the data centre have already been floated and it will be ready by end of 2010," Srivastava said.
Replying to a query, he said the centre will set up with an investment of roughly about USD 20 million. "I cannot give you an exact figure", he said.
Delivering a special address at the conference earlier, he said the country should adopt various strategies, including bringing all energy mineral exploration under one roof and creation of a R&D hub, to give a boost to the exploration of fossil fuels.