Platts LNG Daily: China’s Demand Depends on Shale – Poten

“LNG demand growth in China depends on how successfully the country can developing its shale resources, but that development comes with its own challenges, said Raj Rattanavich, an LNG and natural gas consultant with Poten & Partners. “The availability of water resources to accommodate hydraulic fracturing and the time it takes to acquire the significant amount of land necessary to meet China’s aggressive targets are two of the most notable obstacles for shale development there, Rattanavich said Friday at the LNG 17 conference in Houston.””LNG demand growth in China depends on how successfully the country can developing its shale resources, but that development comes with its own challenges, said Raj Rattanavich, an LNG and natural gas consultant with Poten & Partners. “The availability of water resources to accommodate hydraulic fracturing and the time it takes to acquire the significant amount of land necessary to meet China’s aggressive targets are two of the most notable obstacles for shale development there, Rattanavich said Friday at the LNG 17 conference in Houston.”