You are here

China firms curb conventional gas output

But they keep shale targets, as Beijing tries to replicate US shale boom and plans hundreds of wells in Sichuan basin this year

CONTROLLING THE FLOW: Sinopec and PetroChina have restricted gas output at two big conventional fields as a cooling economy curbs fuel use by some industries.


CHINA'S state energy giants are reducing output from conventional natural gas fields as demand growth for the fuel eases to a multi-year low, local media and sources said, although shale gas targets are being maintained.

Sinopec Corp and PetroChina have restricted...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to