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Caution urged for shale gas exploitation

By Feng Lianyong (China Economic Net)

08:18, November 13, 2012

A lot of people hope China can also initiate the Shale Gas Revolution like the US. (Photo/CE)

Shale Gas Revolution lead by the US arouses the global passion for exploration and exploitation of shale gas in recent years. The shale gas yield in the US was 137.8 billion m3 and 180 billion m3 respectively in 2010 and 2011, accounting for 23 and 24 percent respectively of the total gas yield in the US. Such a rapid increase of yield has led the shale gas begun to influence the energy structure in North America and even in the world.

A lot of people hope China can also initiate the Shale Gas Revolution like the US. It is a good hope, but firstly we must make a deep analysis: how large is the exploitation potential of the Chinese shale gas? How long can the exploitation of shale gas keep? Then we can answer the question whether we can initiate the Shale Gas Revolution.

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