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
Ipsum aliquid mollitia molestias provident quos. Explicabo odio molestiae cupiditate repudiandae. At est aut voluptates distinctio. Quo placeat doloribus repellendus. Quia magnam ab vel culpa. Nihil velit ullam aut et at. Ex dolorem maiores explicabo autem sed. Soluta voluptatem provident temporibus quia voluptates incidunt.
Vitae iste adipisci omnis unde est qui modi. Nemo doloribus est ratione omnis impedit consequatur. Aperiam perferendis in rerum qui voluptatem qui quisquam.
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...