James Parker
The Diplomat
As Anthony Fensom’s recent article
on the U.S. underscores, knowledge of the vast potential of
“unconventional oil and gas” has been spreading rapidly in recent
years.
But, as Pacific Money has noted before, North America is not the only potential benefactor of this trend. In fact, China is believed to hold the world’s largest reserves of shale gas, with the Ministry of Land and Resources estimates the country has134 trillion cubic meters of shale gas with 25 tcm of this recoverable.
