25 April 2024
China to miss shale gas target by more than half
Publication date: 08 August 2014
Gas Strategies Group
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China’s shale gas production will be less than half of the ambitious 80 to 100 Bcm target set by the government for 2020. That’s according to Chinese press sources, who cite the head of the country’s National Energy Administration Wu Xinxiong and quote an unnamed government source as saying: “The previous targets were more of a vague prospect, a hope – 30 Bcm is a more realistic goal.”