Friday, March 18, 2011

PetroChina Pushes Shale Gas

Further to my post below, Bloomberg is reporting that PetroChina President Zhou Jiping yesterday pledged to accelerate his company's oil and gas development, noting that "The nuclear plant closure in Japan will boost its demand for oil and gas. That will have a pretty big impact as Japan is the world's largest liquefied natural gas importer." Read full article here.

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