China's Mar shale gas output surges 50pct YoY

2017-04-18 08:39:00 Production & Sales sxcoal.com

China's shale gas output surged in March, and natural gas production also expanded, indicating improved energy structure as the country shifts away from reliance on traditional energy sources, Xinhua News Agency reported on April 17.


Shale gas output jumped 50.4% year on year to 1.15 billion cubic meters in March, showed data from the National Bureau of Statistics (NBS).


In the first quarter, shale gas output stood at 2.67 billion cubic meters, up 17.4% year on year, data showed.


The fast growth was mainly due to the increased production by the Changning-Weiyuan national-level shale gas pilot zone in southwest China's Sichuan province, run by the country's oil and gas giant China National Petroleum Corporation.


China has been making efforts to improve its energy structure, shifting away from traditional energy sources such as coal. Breakthroughs have been made in shale gas capacity and drilling techniques, making China one of the top shale gas suppliers in the world.


By 2020, the proved reserves of shale gas will surpass 1.5 trillion cubic meters, according to plans released by authorities at the beginning of the year.


(Writing by Tammy Yang   Editing by Harry Huo)
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