Sinopec Starts Production in Fuling Shale Gas Project

Sinopec Starts Production in Fuling Shale Gas Project

China’s Sinopec, Asia’s largest oil refiner, has started production in the first phase of its Fuling shale gas project in the Sichuan Basin of a southwest province with an annual capacity of 5bcm, reported China Daily.

Sinopec said in a statement, that its goal was to accelerate the shale gas exploration to reach a production capacity of 10bcm by 2017.

The Fuling field, discovered in 2012, has explored reserves of 380.6bcm of shale gas, Business Standard informed.

Shale gas is a type of unconventional natural gas trapped in shale or mud-stone formations and it is mainly composed of methane, considered to be a type of new, clean energy source. The move is expected to help optimize China’s envisioned energy mix.

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