February 22, 2025

Demand for Shale Gas Equipment in China Will Increase by 50%

On January 20, due to the good market prospects for shale gas development, the provinces and cities that have rich shale gas resources and have the foundation of energy equipment manufacturing were laid out one after another and plans to establish a huge shale gas equipment manufacturing base.

According to Jintou crude oil network, it is predicted that in the next few years, the average annual growth rate of shale gas equipment demand in China will be around 50%. As the main battlefield for the development of domestic shale gas, Sichuan and Chongqing have made the earliest efforts to manufacture shale gas equipment and become the nearest neighbors; Shandong Province expects 2015 shale gas equipment manufacturing revenue will reach 20 billion yuan, 2020 This year will reach 50 billion yuan; on the occasion of the opening of 2015, Jiangxi Province invited Chinese Academy of Engineering Kang Yuzhu and other experts and scholars on oil and gas resources such as shale gas to discuss the exploration and development of shale gas in the province.

The vigorous development of shale gas development will inevitably bring tremendous business opportunities to the equipment manufacturing industry and create new opportunities for the industry. A shares of shale gas equipment concept stocks Renren oil service, potential Hanson, Hengtai Yipu, Jereh shares, Shenkai shares, Jiangling shares, Baode shares, etc., worth long-term attention.

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