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China CNOOC taps shale oil in South China Sea exploration well

By late 2021 China produced only 35,000 barrels per day (bpd) of shale oil – extracted from shale rocks and is more complex and expensive to produce than conventional crude – mostly in onshore northern Ordos basin and northwestern Jungar basin.

That equates to less than 1% of its total oil output.
Source: Reuters (Reporting by Chen Aizhu)

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