Challenging geology, insufficient infrastructure, and low well productivity are set to result in China badly missing its own shale gas production target to 2020, analysts say. China has set a target to produce 30 billion cubic meters (bcm) of shale gas per year by 2020. Yet, according to analysts at S&P Global Platts Analytics and Wood Mackenzie, China will barely meet half of that target by next year, despite the increased efforts to tap more shale gas resources to add to the domestic gas supply amid soaring demand as many households are switching from coal-fired to gas-fired heating. “We think the 30 billion cu m by 2020 target is unreachable unless there is a major breakthrough in technology and infrastructure,” Jeffrey Moore, Asia LNG manager with S&P Global Platts Analytics, told S&P Global Platts . According to Moore, China will reach 13 billion bcm of shale gas production a […]