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
0
34861
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...
Great choice of article...
but you need a subscription for full access.
but you need a subscription for full access.
Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
Already a subscriber? Sign in
Latest
-
Latin America’s LNG demand poised for an uplift
20 December 2019 -
Gas transit deal ‘in principle’ appeases markets
20 December 2019 -
Storage is key as Russia-Ukraine talks progress
19 December 2019