By Athanasios Pitatzis In the next decades, China will need huge amounts of natural gas to cover its domestic consumption. According to the International Energy Agency (IEA) Chinas natural gas demand will reach 300 – 350 bcm per year until 2019. Also, according to the U.S. Energy Information Administration China…
December 2015
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By Athanasios Pitatzis The oil and gas exploration has evolved tremendously the last decades since the first oil well was drilled. The first known oil well was drilled by Chinese in the year 347 AD but according to Herodotus and confirmed by Diodorus Siculus, asphalt was used in the construction…