In an Effort to Ramp up Energy Energy Production China to Embrace Fracking
China is leaving no shale deposit unturned in its effort to develop indigenous energy resources.
On 24 November China’s Ministry of Land and Resources geological exploration department head Peng Qiming said during a press conference that China’s combined oil and natural gas output, 280 million tons in 2010, is projected to rise to 360 million tons of oil equivalent by 2015, a 23 percent increase in four years and will rise to 450 million tons by 2030, a 62 percent increase over 2010 production, impressive rises in production by any yardstick.
Full article at: China to Embrace Fracking In an Effort to Ramp up Energy Production
Exercitationem earum ratione corrupti temporibus et tenetur consequatur ut. Qui distinctio iusto voluptatem quidem sit voluptas. Optio voluptatem pariatur qui ipsum tempore sint odio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...