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Project Insights

Analysts throw doubt on China’s shale potential

According to the EIA, China has 36.1 trillion cubic metres of technically recoverable shale gas resources – almost double the amount estimated for the US According to the EIA, China has 36.1 trillion cubic metres of technically recoverable shale gas resources – almost double the amount estimated for the US
By James Byrne 16 February 2012 Asia Pacific / Exploration & Production 0 8115

The United States Energy Information Administration (EIA) released its World Shale Gas Resources: An Initial Assessment in 2011. Within it, the EIA detailed initial estimates for technically recoverable shale resources – those which are recoverable using current technology without regard to cost.

The most surprising set of figures were those for China. According to the EIA’s report, the country contains 1,275 trillion cubic feet (36.1 trillion cubic metres) of technically recoverable shale gas resources – almost double the amount estimated for the US and five times more...