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Апрель
2019

China Set To Miss Shale Gas Production Target By A Mile

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Challenging geology, insufficient infrastructure, and low well productivity are set to result in China badly missing its own shale gas production target to 2020, analysts say.   China has set a target to produce 30 billion cubic meters (bcm) of shale gas per year by 2020. Yet, according to analysts at S&P Global Platts Analytics and Wood Mackenzie, China will barely meet half of that target by next year, despite the increased efforts to tap more shale gas resources to add to the domestic gas supply amid soaring demand as many households…



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