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Water Management Biggest Risk to China Shale Gas, Bernstein Says

Water management is the biggest challenge to shale gas development in China amid concern that extraction of the fuel will contaminate drinking supplies, according to Sanford C. Bernstein & Co.

China’s government will need to find ways of getting capital and technology into its shale-gas sector without compromising environmental standards, said Neil Beveridge, a Hong Kong-based analyst at the consultant.