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Thursday, 14 November 2013

Shell, Sinopec drilling for shale gas in central China

Royal Dutch Shell and China’s Sinopec Corp are drilling exploration wells to test shale potential in central China, where little prospecting for the fuel has been done, company officials said on Thursday.


China, believed to hold the world’s largest shale gas resource, has drawn international firms like Shell, Exxon Mobil , Chevron, Eni and Total to hunt for the unconventional gas, with Shell the first among them to land a production sharing contract.


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Chen Aizhu, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/DdkY1kbd6jA/

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