China to splash $30bn on shale gas to meet surging energy demand

New zone in Chongqing to produce 20 Bcm of shale gas by 2030, which will mostly be used to feed new gas-fired power plants

On site: a pressure-boosting station at Sinopec's Fuling shale gas field in Chongqing — On site: a pressure-boosting station at Sinopec's Fuling shale gas field in ChongqingPhoto: REUTERS/SCANPIX

Xu Yihe

Singapore

China Chongqing Sinopec Shanghai Asia & Oceania

Published 20 October 2021, 13:22Updated 20 October 2021, 13:22