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China's shale industry still facing problems

CONSULTANCY Wood Mackenzie has adjusted its earlier outlook for parts of China's domestic gas sector, suggesting shale development still remains tricky while tight gas and conventional gas development has seen improvement.

WoodMac suggests conventional and tight gas leading domestic supply

WoodMac suggests conventional and tight gas leading domestic supply

It also anticipates China doubling its domestic gas production to 325 billion cubic metres by 2040 but has downgraded earlier expectations by 39 billion cubic metres. WoodMac suggests overall Chinese...

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