China is making steady progress in its shale gas activity, but a full-fledged boom is not on the horizon. China National Petroleum Company (CNPC) reported that shale gas production from its Sichuan Basin project increased by 40% between 2017 and 2018. Total gas output was pegged at 4.27 billion cubic meters (bcm), with daily output amounting to 20 million cubic meters (mcm). The figures are record highs, the company said. The daily production of 20 mcm is equivalent to about 0.7 Bcf/D.