CHINESE shale gas production will double from now to 2020, from 600 wells and nine billion cubic metres of gas to 17Bcu.m and another 700 wells from three large projects with investment of US$5.5 billion, according to Wood Mackenzie.
Despite the surging shale industry China will remain dependent on imports
Its current production is just 6% of its consumption, which will rise by a quarter this year. But China won't recreate the American shale boom due to differing geology, such as deeper shales in...
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