1.0Climate Change Dispatchhttps://climatechangedispatch.comThomas Richardhttps://climatechangedispatch.com/author/ccdeditor/rich600338<blockquote class="wp-embedded-content" data-secret="uWzYjh8UL0"><a href="https://climatechangedispatch.com/chinese-privatisation-plans-may-kick-start-another-shale-revolution/">Chinese Privatisation Plans May Kick-Start Another Shale Revolution</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://climatechangedispatch.com/chinese-privatisation-plans-may-kick-start-another-shale-revolution/embed/#?secret=uWzYjh8UL0" width="600" height="338" title="“Chinese Privatisation Plans May Kick-Start Another Shale Revolution” — Climate Change Dispatch" data-secret="uWzYjh8UL0" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> China is aiming to take private investment freedom one step further and allow foreign firms to secure oil and natural gas blocks in some areas and operate them themselves. Beijing is considering the establishment of a shale demonstration zone in an area roughly the size of Germany where it will auction off rights to private companies in land currently administered by state-owned companies Sinopec and CNPC. --Stratfor Global Intelligence, 18 May 2015 The U.S. is about to change the global LNG market forever. When the first tanker carrying liquefied natural gas from shale fields leaves the Sabine Pass terminal in Louisiana in December, it will turn consumers into traders with more bargaining power. That will transform a market dominated by long-term contracts into one where spot trading gains prominence, similar to crude oil... because gas from the Bakken and other fields will transform the U.S. into the third-biggest exporter by 2020. --Anna Shiryaevskaya and Isis Almeida, Bloomberg, 19 May 2015https://climatechangedispatch.com/wp-content/uploads/images_pics8_china-shale-basins.jpg