日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Firms see a new gold rush in shale gas

By Zhou Yan (China Daily) Updated: 2012-07-16 09:34

Firms see a new gold rush in shale gas

Shale gas is a clean and efficient energy trapped within shale formations. China is estimated to have 25.1 trillion cubic meters of exploitable shale gas resources, exceeding the 24.4 trillion cu m in the United States, making it the world's biggest. If all gas can be extracted from the shale, it will able to meet natural gas demand for the world's second biggest energy consumer for two centuries.

China produced more than 103.1 billion cu m of natural gas last year with 7.3 percent year-on-year growth. Apparent consumption - production plus imports minus exports - was 129 billion cu m in the same year.

It topped the world with its 22 percent year-on-year growth in natural gas demand last year, with increasing Chinese production, imported pipe gas and liquefied natural gas supplies, according to the BP Statistical Review of World Energy.

China's natural gas consumption will be doubled within the 12th Five-Year Plan period (2011-2015) to account for 8 percent of its total energy mixture by the end of 2015 from 4 percent now, said Jiang, from the National Development and Reform Commission.

He added that the development of shale gas is a strategic move, given China's ever-growing shortage of natural gas.

Imported gas made up about 20 percent of domestic gas consumption. The share is estimated to rise up to 40 percent by 2020.

"Shale gas development is a 'revolution' to increase domestic gas supply, improve the energy mixture and protect energy security," said Jiang.

However, in contrast to the widespread enthusiasm in the new market, mostly buoyed by the shale gas boom in the US, the geological data in China is limited and its viability remains doubtful.

"The geology of China's shale gas reserves, as well as the country's water shortages, insufficient pipeline infrastructure, government control over natural gas prices and environmental issues will all challenge China's ambitions, despite the country's extensive plans to support and encourage industry growth," Global Data Ltd, a global business intelligence provider based in London, said in a recent report.

China started tracking shale gas in 2000 with little breakthroughs in terms of policies until 2011, when the geological research and surveys kicked off amid a slew of policies to support its growth.

The country that has yet to have any commercial production has set an ambitious target to produce 6.5 billion cu m of shale gas by the end of 2015, even though it hasn't precisely determined the rough reserves of the energy source beneath the ground.

As of May, China had drilled 63 evaluation shale gas and shale oil wells in total to get the basic parameters, according to Li Yuxi, a researcher at the ministry's oil and gas strategy center. It's uncertain whether these can grow into commercial production.

In contrast, since its first well in 1821, the US has drilled about 80,000 wells across the country. They have annual production of about 170 billion cu m, Li said. China's commercial production hasn't started.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 黄色日批网站 | 成人在线高清视频 | 午夜免费视频 | 久久国产区 | aa黄色大片| 狠狠操天天操 | 欧美性受xxxx黑人xyx性爽 | 欧美日韩v| 高清av免费 | 欧美午夜网站 | 一区二区三区视频免费在线观看 | 欧美香蕉视频 | 日本成人一区 | 2019国产在线 | 国模大胆一区二区三区 | 亚洲国产区| 黄色免费看网站 | 亚洲va视频 | 日韩亚洲欧美在线观看 | 黄色高清视频在线观看 | 日韩成人免费视频 | 中文在线字幕在线观看 | 91亚洲精选 | 色久综合网 | 亚洲特级毛片 | 在线观看视频h | 日本一区久久 | 亚洲精品成人在线 | 精品免费在线视频 | 男女视频一区 | 99视频在线看 | 日本久久不卡 | 日本五十熟hd丰满 | 蜜桃视频色 | 二区在线播放 | 成人午夜毛片 | 亚洲国产欧美精品 | 精品成人在线观看 | www在线| 蜜挑成熟时在线观看 | 成年人在线免费看片 |