China recently announced the results of the “most extensive
official appraisal” of its natural gas reserves finding that “potentially
recoverable reserves” amount to 25.1 trillion m^3 which is “less than previous
estimates.” Still China is making shale gas recovery a high priority of energy
policy and is still believed to have “some of the largest reserves of shale gas
in the world.” This article estimates that this is enough gas to meet China’s
current consumption for the next 200 years. Shale gas recovery in China is not
highly developed due to lack of technical expertise and challenging geological
features but it is expected to ramp up in the near future.
- Ryan Triolo
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