China's Fuling Gas Field Adds Reserves

The Fuling shale gas field near Chongqing has added some 104.8 billion cubic metres in proven reserves of shale gas, its developer Sinopec, China’s largest oil refiner, told Xinhua.

The latest discovery brings total proven reserves of the gas field so far to nearly 900 billion cubic metres, which accounts for 34% of the country’s proven reserves of shale gas.

Read the full report: Xinhua

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.