Sinopec tempers hype over Guizhou shale block

A recent government assessment of China’s shale gas work singled out a Sinopec block in Guizhou as having significant potential, but company insiders have sought to play down expectations.

Shale wells in China. Some observers believe a successor to Fuling will only be found in the Sichuan Basin. Shale wells in China. Some observers believe a successor to Fuling will only be found in the Sichuan Basin.

A recent government assessment of China’s shale gas work singled out a Sinopec block in Guizhou as having significant potential, but company insiders have sought to play down expectations.