Shell Sign Agreement with Chinese Energy Company to Extract Shale Gas
Fracking
has revolutionised the US natural gas industry by enabling the
extraction of previously unreachable shale gas. The shale gas industry
is now huge in the US and volume of extraction is at phenomenal levels.
Whilst other countries delve into fracking a little, it is fair to say
that the US completely dominates the shale gas industry, both in terms
of total reserves and production levels. That is all about to change.
According to the Energy Information Association (EIA) China holds 1,275
trillion cubic feet of recoverable shale-gas reserves;…Read more...
No comments:
Post a Comment