SUBSCRIBERS
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
Add BT as a preferred sourcePublished Thu, Sep 10, 2015 · 09:50 PM
Beijing
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 production at two major conventional fields - Puguang and Anyue - in the Sichuan gas basin, as a cooling economy curbs fuel use by industries such as chemical plants and glass and ceramics makers.
Share with us your feedback on BT's products and services
