The discovery of extracting unconventional (shale) gas through hydraulic fracturing has revolutionised the gas industry in the US and has given rise to a debate over whether it has the potential to reverse the emerging geopolitical equations in the global energy sector which was hitherto seen to be tilting in favour of the conventional energy producers. This article will attempt to analyse what this means for India’s energy security, whether the presence of substantial unconventional gas resources has the potential to alleviate India’s energy dilemma and what impact it could have on India’s overall energy policy.