China's Gansu Province to Assess Shale Resources

Gansu province in northwest China recently approved a special plan on exploration and assessment of shale gas resources, Xinhua Finance reported last week citing a news item in Gansu Daily.

According to Gansu Daily an overall implementation plan in this regard has also been drawn.

Geological survey would be carried out in Longdong basin, Wuwei basin, Dunhuang basin and Chaoshui basin in 2015-2017.

Geological survey in Huahai-Jiuquan, basin, Minhe basin, Suganhu basin, Dingxi basin and Longxi basin would be executed in 2018-2020.

Gansu has 2.67 trillion cubic meters of shale gas resources and 290 billion cubic meters of potential recoverable shale gas resources, Xinhua Finance reported citing Ministry of Land and Resources data.