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Oil giant taps China's vast geothermal reserves

Monday, February 27, 2017 - 05:50

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Sinopac has geothermal facilities in 16 Chinese provinces, allowing it to heat some 40 million square metres of homes and factories.

Baoding, China

CHINESE state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for local homes.

While two-

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