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Petrochina says new shale gas find tough to develop

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NickB79 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 07:48 PM
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Petrochina says new shale gas find tough to develop
http://www.reuters.com/article/2011/12/08/petrochina-shale-idUSL5E7N82LZ20111208

"DOHA, Dec 8 (Reuters) - PetroChina said a new shale gas find in Sichuan province would be difficult to convert to commercial production because Chinese geological conditions were more difficult than in the United States where the industry developed.

"We have made a discovery already. The problem is how to make the production stable, how to increase the production, this needs technology," Zhou Jiping vice-Chairman & President, PetroChina told a press conference at the sidelines of the World Petroleum Congress in Doha."
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blue neen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 07:52 PM
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1. China need not worry. Big Oil & Gas are busy ruining Pennsylvania as we speak,
just so they can send it all to China.

Governor Corporate Corbett cheers them on.
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