China's Guangxi launches shale gas development demonstration project

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China's Guangxi launches shale gas development demonstration project

STORY: China's Guangxi launches shale gas development demonstration project DATELINE: March 31, 2023 LENGTH: 0:00:53 LOCATION: LIUZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the launching ceremony STORYLINE: A promotion ceremony for a shale gas development demonstration project was held Friday in Liuzhou, south China's Guangxi Zhuang Autonomous Region. The project is the first of its kind in Guangxi, a region that is estimated to have more than 1 trillion cubic meters of recoverable shale gas resources. With a planned investment of 3.8 billion yuan (or about 553 million U.S. dollars), the project is expected to be put into use by the end of this year. Xinhua News Agency correspondents reporting from Liuzhou, China. (XHTV)

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