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China: The next shale gas boom

06.01.2014  |  Romanow, Stephany,  Hydrocarbon Processing Staff, Houston, TX

Keywords: [shale gas] [China] [North Amrica] [gas engines] [diesel engines]

The shale gas boom has largely been associated with North America. The luck of this region regarding shale gas is the result of 20 years of hard R&D efforts by Texas oilman George P. Mitchell and the access and rights to minerals by US landowners. Luck is often defined as preparation meeting opportunity. In this case, the hard work found the right economic conditions created by the North American shale phenomenon.

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AVINASH JANEFALKAR
06.10.2014

Once again US leads the world in innovative technologies in Oil & Gas field. Difficult terrains and geographical landscapes in other parts of world will need further technology developments to economically explore shale gas in those regions. Europe, China and Africa could be the next wave of LNG boom.

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