Gulf Oil and Gas accountACCOUNT

PetroChina Aims to Meet a Third of China's Shale Gas Target by 2020

Source: Reuters 1/27/2017, Location: Asia

China's biggest energy giant PetroChina plans to step up shale gas development in Sichuan province this year, aiming to meet a third of a 2020 government target for the unconventional resource, according to state media and a government official.

News agency Xinhua reported on Wednesday that PetroChina will step up drilling in southern parts of Sichuan province, China's top gas-producing region and a key area for early shale gas development.

PetroChina's plan to build 10 billion cubic metres (bcm) of shale gas output capacity by 2020 in Sichuan province would represent a third of Beijing's production target for the resource that year.

Shale Gas News in China >>

Russia >>  6/5/2019 - Russia’s SOCAR ENERGORESURS LLC has purchased an 80% stake in Antipinsky Oil Refinery. Its participants are a group of investors and Sberbank. The joi...
Russia >>  5/20/2019 - NOVATEK has announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commi...

Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 


China Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.