The chief financial officer for Royal Dutch Shell, Europe's largest oil company, said China's shale-gas development potential "could be very powerful."
"We've got the same acreage in China that we have in North America," the equivalent of about three million acres in each region, CFO Simon Henry said in discussing his company's deepening collaboration with PetroChina, a large oil and gas exploration and production firm.
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--Jack Z. Smith
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