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China’s Five-year Shale Gas Development Plan Seems Optimistic

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June 25, 2012

China’s recently announced development plans for shale gas production may be overly optimistic, considering the geological complexities of China’s shale formations, according to natural resources expert GlobalData.

The new report* suggests that the geology of China’s shale gas reserves, as well as the country’s water shortages, insufficient pipeline infrastructure, government control over natural gas prices, and ...

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