Policy & Regulation
Chinese shale gas poised to spring output surprise in 2020
Strong production growth this year means the country's shale gas output next year could come closer to the government's official target than many had expected Strong production growth this year means the country's shale gas output next year could come closer to the government's official target than many had expected.
9 December 2019
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China is on course to produce 15 billion cubic metres of shale gas in 2019, a year earlier than some estimates. This puts the country on track to surpass output expectations in 2020 – potentially by a wide margin.
The 15 bcm forecast was given by PetroChina and Sinopec executives at separate industry events in Beijing on Thursday and Saturday. The predicted output would represent an increase of 37% from last year’s production of 10.8 bcm, comprising 6.56 bcm from Sinopec’s Fuling field in Chongqing and...
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