China Expands Financial Support for Unconventional Natural Gas Extraction

The government of China has announced a significant extension of subsidies aimed at unconventional natural gas drilling. This decision comes as part of the nation’s strategy to increase domestic energy production and secure a stable energy supply amidst global uncertainties. The subsidies, which have previously aided exploration and production efforts, are now set to continue for an undisclosed time frame, signaling China's commitment to enhance its natural gas capabilities.

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