Exploration & Production

China to miss out on US-style shale gale – analyst

China has so far failed to spark a shale gas revolution despite several years of state investment, and one analyst thinks a US-style boom will never happen China has so far failed to spark a shale gas revolution despite several years of state investment, and one analyst thinks a US-style boom will never happen.
By Colin Shek 11 June 2018 0 31228
Shale gas production in China. The Fuling shale gas field. (Sinopec)

China will never match the United States in shale gas output because of the immense geological challenges it faces, and it will not produce enough of the unconventional gas to displace LNG imports in the long run, analysts at Bernstein said in a report on Monday.

China’s shale gas development has “largely not lived up to expectations”, despite the hype caused by a 2011 report from the US Energy Information Administration that claimed the country had the greatest potential for shale gas and...