(MENAFN) China is expected to beat it shale gas production target in 2015 as a an oil firm is nearing tapping into the new energy, The Peninsula Qatar reported
China National Petroleum Corporation (CNPC) has finished preliminary development plan of its shale gas exploration project in northwestern province of Sichuan
CNPC currently has nine shale gas wells at its Sichuan shale gasfields, with a combined production of more than 80 million cubic meters
China is targeting a production of 6.5 billion cubic meters by 2015. The country has the largest recoverable reserves of shale gas in the world
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