China Ministry of Land and Resources: largest oil and gas producers plan to raise annual shale gas production by 40% to meet national target - financial press
- China aims share gas production 1.5Bcm for 2014, 6.5Bcm for 2015 and 15Bcm for 2017.
- Sinopec plans to invest CNY21.5B in shale gas drilling, targets 2015 production 3.5Bcm.
- PetroChina plans to invest CNY11.2B, targets 2015 production 2.5Bcm