Sinopec and BP join hands to explore shale gas in China

10:37, January 19, 2010      

Email | Print | Subscribe | Comments | Forum 

Sinopec Group is in talks with British Petroleum (BP PLC) over potential co-operation in exploring and developing shale gas in China. The news has been confirmed by Sinopec on January 18, 2009.

In the company newsletter Sinopec said, "The negotiations were going smoothly. This initiative would help China use advanced foreign concepts and technologies to speed up the development of China's potentially large shale gas reserves. ."

Sinopec has classified a 2000 square kilometers area in Kaili, Guizhou and a 1000 square kilometers area in Huangqiao, Jiangsu as possible co-operation area.

By People's Daily Online
  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
Major headlines
Editor's Pick
  • Earthquake survivors waiting to be fed in Haiti
  • Japan polar bear living in harmony
  • "No Pants Day" promoted in China
  • Sea icing, worst in 30 years, affect production and life
  • Supporters of Ukrainian Opposition leader celebrate his leading in election
  • Snow blankets Kazakhstan's Alma Ata
Most Popular
Hot Forum Dicussion