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Sichuan’s Luzhou City close to exhausting deposits

Luzhou City, a major chemical production base in central China’s Sichuan Province, is on the brink of exhausting its gas reserves, a government official told Interfax on 23 November.
By Tang Tian 23 November 2011 Asia Pacific / Supply & Demand 0 2112

Luzhou City, a major chemical production base in central China’s Sichuan Province, is on the brink of exhausting its gas reserves, a government official told Interfax on 23 November.

Roughly 95% of Luzhou’s 70 billion cubic metre proven gas reserves has been extracted since 1959, said Luo Daizhen, a director at the Luzhou municipal arm of the National Development and Reform Commission (Luzhou NDRC).

The dwindling deposits mean Luzhou was designated a ‘resource-exhausted’ city by central government agencies earlier this month. According to a statement issued on 15 November...