CHINA TOPIX

China's Largest Shale Gas Project to Begin Operation in 2016

Ryan General   |

Dec 31, 2015 10:11 AM EST

The latest and largest shale gas project in the Sichuan Basin of southwest China is aiming for full operations in 2016 with a yearly production target of 5 billion cubic meters, according to Sinopec Group (China Petrochemical Corporation). The project aims to boost energy sources for the country amid higher global prices and demand for oil.