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China shale lag may boost LNG exports

Published by Punch on Thu, 16 Feb 2012


Chinas ambitions to unlock the natural gas trapped in shale rocks are likely to take longer than planned, boosting the nations reliance on overseas suppliers like ExxonMobil and Chevron, according to a report. Chinas shale gas output will rise to 23 billion cubic metres in 2020, or 29 per cent of the governments 80 billion
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