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21 April 2017

China striding towards 2020 shale gas target

Chinese shale gas producers are making impressive progress towards meeting a 2020 output target of 30 Bcm/year, according to the latest data from the National Bureau of Statistics.

Shale gas production in the first quarter of 2017 was 2.67 Bcm, up 17.4% on the same period last year. Production in March alone was 1.15 Bcm, up by 50% on March 2016. This compares with production of just 4.5 Bcm during the whole of 2015.

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