Saturday, March 17, 2012

China looks to increase shale gas production

China is looking to increase its shale gas exploration and production through faster land approvals and subsidies. China possesses 25.08 trillion cubic meters of exploitable onshore shale-gas reserves and intends to produce 6.5 billion cubic meters of shale gas annually by 2015.


http://www.bloomberg.com/news/2012-03-16/china-plans-faster-land-approval-tax-free-import-to-boost-shale.html

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