Sinopec facing shale challenge at Fuling
Work under way at Fuling’s first phase. The second phase will double production capacity to 10 bcm/y. (Sinopec)
Sinopec has acknowledged that the second phase of its flagship Fuling shale gas field will be tough compared with the first phase because of its more complex geology and falling domestic gas demand.
The second phase of China’s first commercial shale gas field will double production capacity to 10 billion cubic metres per year but will be more expensive to develop than the first 5 bcm/y, said Liu Rushan, deputy general manager of Sinopec Oilfield Service.