China Masters Shale Gas Exploitation Technology

CCTV says in its prime time news yesterday that China has mastered the technology to ensure stable production of shale gas in its shale gas field in Fuling, Chongqing.

The shale gas field has so far turned out 8.15 billion shale gas. China has thus joined the club of a few countries able to exploit shale gas on large commercial scale.

It is expected that China will enable the shale gas field to have the capacity of 10 billion cubic meters a year within the period of the 13th 5-year plan (2016-2020).

Source: CCTV “Stable production achieved at Fuling shale gas field” (summary by Chan Kai Yee based on the report in Chinese)