ONGC director elected vice chair of resource classification expert group

KOLKATA: Narendra K Verma, director of exploration at ONGC, has been elected vice chair of the United Nations Economic Commission for Europe’s expert group on resource classification. He was chosen at the fifth session of the expert group held in Geneva.

The expert group elected a bureau to take over from the end of the fifth session for a term of two years. Verma has been appointed to this bureau as one of the vice chairs of the elite expert group.

The key benefit of UNFC 2009 is the potential to provide a common basis for the mineral and petroleum sectors, where classification systems have been developed primarily for the mining of solids and the production of fluids and must now address the increasing overlap between the two extractive industries.