29 June 2012 07:59 [Source: ICIS news]
BEIJING (ICIS)--Sinopec has made significant progress in development of shale gas and targets to achieve production of 1.7bn cubic metres (cbm) by 2015, a company executive said on Friday.
The company will establish an additional shale gas production capacity of 3bn cbm during the five year period of 2011-2015, said Bao Shujing, deputy manager at unconventional energy technology support department of Petroleum Exploration and Production Research Institute of Sinopec (PEPRIS).
The Sinopec target accounts for approximately 40% of ?xml:namespace>
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