China Should Consider Tapping into Domestic Gas Supply to Limit Vulnerability

- January 18th, 2013

Bloomberg reported that, given the vast size of its resources, China should be able to use more gas and oil domestically and rely less on imports.

Bloomberg reported that, given the vast size of its resources, China should be able to use more gas and oil domestically and rely less on imports.

As quoted in the market report:

For China’s top policymakers, the prize is huge. Boosting domestic oil and gas output would significantly reduce the country’s economic and military vulnerability. China could emulate the success of the United States following the shale revolution and achieve a greater measure of energy security.

To view the whole Bloomberg report, click here.

Leave a Reply