Challenges keep China’s shale gas in early stage development
China’s upstream industry is turning to natural gas as a way to reduce air pollution created by the consumption of coal. However, despite the progress made in the shale gas industry since 2011, China has been facing challenges to develop efficient shale gas extraction, according to data and analytics company GlobalData.
With 27 trillion cubic feet (tcf) of proven shale gas reserves China has emerged as the world’s largest shale gas producer outside the U.S. and Canada. Besides...