By Anthony DiPaola – Nov 12, 2012 6:33 AM GMT
Royal Dutch Shell Plc (RDSA)’s joint venture shale gas developments in China may contain resources on a par with similar developments in the U.S.
“The geology is akin to what we have experienced in the U.S.,” Matthias Bichsel, the company’s global director of projects and technology, said in an interview in Abu Dhabi yesterday. “In the U.S. we have lots of variability and that variability is what we need to explore.”
Energy companies are tapping shale gas trapped deep below layers of rock under the earth’s surface to develop new sources of the fuel used in power plants and petrochemicals facilities. Growing output of the fuel in the U.S., where Shell produces at several areas, may spur use of the fuel for transportation.