Saudi Arabia plans to develop shale gas

As now the world's largest oil exporter, Saudi Arabia's national economy depends heavily on oil and gas industry. Recent U.S. shale gas yield increase and shrink the expected demand for short-term energy, to a certain extent caused pressure to Saudi Arabia, how to maintain the global energy superpower status, has caused the Saudi government attaches great importance to. Recently, the Saudi oil and mineral resources minister said naimi 2013 Saudi Arabia plans to 7 shale gas test Wells drilled in order to intensify the development of unconventional oil and gas resources.

Product catalogs, Data show that Saudi Arabia has proven reserves of 286 trillion cubic feet of traditional gas, shale gas reserves is expected as high as 600 trillion cubic feet, is more than twice that of conventional gas reserves, ranking fifth worldwide.