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Shell in China within 5 years, or will invest 5 billion U.S. dollars shale gas

Date: 2015-07-23
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      Europe's largest oil company Royal Dutch Shell chief executive officer Peter Voser March 20 here said that if Shell is currently China's shale gas exploration operations prove successful, then, Shell intends in the future 5 years of shale gas to China annually invest 10 billion U.S. dollars.

      Voser said Shell will be in China this year, including the most abundant natural gas reserves in the region of Sichuan Province, including 17 wells drilled, including tight gas and shale gas.

      As the Chinese Government to increase the burning of cleaner fuels and reduce pollution of the environment objectives of the use of coal as part of, by the United States, including coalbed methane, tight gas and shale gas in unconventional natural gas exploration and encouraging success in the past year in China shale gas exploration also began implementation of the plan.

      Voser in attending a forum held in Beijing, told reporters during the media, this year Shell will drill 17 wells in China, which 17 wells Shell will bring a feeling of magnitude.

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