China’s Ambitions to Double Output by 2030 Rely on Unconventional Sources
Breaking Energy 2014-02-04
Summary:
In the past three years, Beijing’s projections for 2030 oil and gas output increased by a third to almost 700 million tons of oil equivalent, based on hopes of developing unconventional oil and gas. Production last year of oil and natural gas was 318.9 million tons of oil equivalent. With traditional oil production practically stagnant