Total Plans to Drill for Shale Gas With Sinopec in China’s Anhui
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Total SA plans to seek shale gas with China Petroleum & Chemical Corp. by drilling in Anhui province, moving the third-largest European oil company closer to exploiting Chinese reserves that are the world’s biggest.
Total and Sinopec, as the Chinese refiner is known, will search for gas in the 4,000 square-kilometer (1,500 square mile) Xuancheng permit near Nanjing after carrying out two-dimensional seismic surveys in the five months through February, according to the Courbevoie, France-based explorer’s latest annual report.