Sinopec discovers 192 bcm of shale gas in the Sichuan basin (China)

16 Oct 2020

China Petroleum and Chemical Corporation (Sinopec) has added newly proven shale gas geological reserves of 192 bcm at the Fuling gas field in the Sichuan basin (southern China), raising the block’s total estimated geological reserves to 793 bcm. Sinopec’s total proven geological shale gas reserves reaches 941 bcm in China. The group is targeting a shale gas output of 7.5 bcm in Chongqing in 2020 (6.3 bcm produced in 2019) and a total shale gas production of 13 bcm/year by 2025.

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