China will become the third country after the United States and Russia capable of designing and building the turbine-driven fracturing equipment that can reduce costs and cut emissions during shale gas development.

Chinese private oil and gas equipment manufacturing and engineering company Jereh Group unveiled the latest turbine fracturing pump on Wednesday during the 14th China International Petroleum Petrochemical Technology and Equipment Exhibition held in Beijing.

"Industrial experts have spent years of research in this field, achieving little progress," said Zhou Shouwei, president of China Petroleum and Petrochemical Equipment Industry Association. "The new super power fracturing pump developed by the company utilizing advanced technical innovations will significantly contribute to non-conventional oil and gas development in China."