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News & Press: Industry News

China Shale Boom Seen by Honghua as Pollution Cuts Coal Use

Monday, April 28, 2014  
Posted by: Ben Gonzalez
China, the world’s biggest holder of natural gas reserves trapped in shale rocks, has set a national output goal of 6.5 billion cubic meters by 2015 and as much as 100 billion cubic meters by 2020.

http://www.businessweek.com/news/2014-04-24/china-shale-boom-seen-by-rig-maker-honghua-as-coal-use-recedes

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