The National Energy Administration (NEA) released Guidelines for shale gas on October 22 that contains subsidies and fee waivers. The aim is to increase output of the fuel and improve China's energy security at the same time.
Foreign investors welcomed into shale gas market
The potential of China's shale gas market has yet to be realised. Recently released Guidelines encourage foreign investment, but without further details it is hard to assess the full impact
By
clpstaff