Shale gas deposits of over 140b cubic meters discovered in SW China

Sinopec, China's largest oil refiner, has discovered a new shale gas field with proven reserves of nearly 146 billion cubic meters in southwest China's Sichuan Basin.

The new shale gas field straddles Chongqing City's Qijiang District and neighboring Guizhou Province's Xishui County.

The latest discovery demonstrates the great potential for deep shale gas exploration and development, and is expected to further contribute to China's energy security, according to the chairman of Sinopec.

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