Fresh impetus for Sino Gas & Energy

摘要

AUSTRALIAN-LISTED Sino Gas & Energy, which focuses on unconventional gas in China, is on the verge of ramping up production in the prolific Ordos basin. Over the past five years, the Ordos basin in Inner Mongolia has doubled its gas output and is responsible for almost 40% of China's expansion in production. Energy research firm Wood Mackenzie estimates basin-wide production could hit 7.3 billion cubic feet a day (cf/d) by 2020, suggesting this growth will continue.