China Shale Gas Market Analysis

Research and Markets (http://www.researchandmarkets.com/research/g2qhnj/china_shale_gas_ma) has announced the addition of the "China Shale Gas Market Analysis" report to their offering.

Shale gas was once considered a nuisance by experts that was just tolerated in order to get to the sandstone and limestone reservoirs. But shale, which is the most abundant form of sedimentary rocks in the world, is being appreciated and this all started with huge reserves found in North America, increasingly being called the birthplace of shale gas within the industry circles. The rest of the world started following and Asia is soon catching up, with China now poised to take the lead.

Asian nations are not known for their hydrocarbon deposits, barring Middle East, and most of these nations are highly import dependent. The major power in the continent, China, has insufficient oil and gas reserves and imports most of its energy. China is rich in Coal but still a major importer in the region after Japan. So, for such an energy deficient economy, finding huge shale gas reserves is definitely welcome news.

Innumerable reports have suggested that China is sitting on the world's largest technically recoverable shale gas reserve. Chinese shale gas estimates surpass even that of North America and will be sufficient for the next 60 years at the current Reserve to Production (R/P) ratio.

China Shale Gas Market Analysis research report is a detailed literature on the infant Chinese shale gas market and its potential, with a sneak peek into the technology used to exploit shale gas reserves and the Chinese and global companies working overtime to tap into this potential.