Financial Post | Business

China, holder of the world’s biggest shale-gas resources, is gauging reserves and acquiring exploration expertise as it seeks “breakthroughs” in developing the unconventional fuel in the 10 years ending 2025.

The foundation for using gas found in shale formations will be laid by 2015, Liu Tienan, head of the National Energy Administration, said in Beijing today while attending a session of the Chinese People’s Political Consultative Conference, the country’s top political advisory body.

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