Wednesday, October 27, 2010

Guizhou, Shanxi, Anhui and Zhejiang China Shale Gas

By Tim -

China is set to auction off six shale gas blocks in November 2010. China wants to exploit shale gas in an effort to scale back it's coal use which pollutes the country. The country currently has a small production of oil shale and natural gas shale.

While in the early stages of shale production, China is said to be sitting on as much as 25 trillion cubic feet (TCF's) of natural gas from shale

China will auction blocks off in Guizhou, Shanxi, Anhui and Zhejiang provinces.

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