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    market news

    China’s Shale Gas Revolution to Surpass U.S

    Investing News Network
    Dec. 07, 2011 11:33AM PST
    Oil and Gas Investing

    Reuters reported that according to Sinopec (HKG:0386), China plans to go for a shale gas revolution that will surpass United States efforts.

    Reuters reported that according to Sinopec (HKG:0386), China plans to go for a shale gas revolution that will surpass United States efforts.

    As quoted in the market news:

    Fu Chengyu, chairman of state-controlled China Petroleum & Chemical Corp (Sinopec) , said it could take five to 10 years but that China’s output would exceed that of the United States.

    Click here to read the full Reuters report.

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