Shale gas development: rules for the management focus

Chinese government attaches great importance to the development of shale gas, has introduced a series of related development planning and support policies. "Twelfth Five-Year Plan" put forward to promote shale gas and other unconventional resource development and utilization. Late last year, the State Council approved shale gas as an independent minerals. March 16 this year, the National Development and Reform Commission, Ministry of Land Resources, Ministry of Finance and the National Energy Bureau jointly issued China's first shale gas development plan, provides 2,015 annual output to reach 6.5 billion cubic meters; October 24, the State Council executive meeting By "energy development," second five "plan" again shale gas as an important strategic minerals.

Policy, this year on October 26, the Ministry of Land use fee on shale gas exploration, mineral resources compensation issues relief provisions; November 1, Bureau of Energy, Ministry of Finance and the introduction of financial subsidy policy for shale gas development the use of subsidies to 0.4 yuan per cubic meter.

Ministry of Land and Mineral Resources and Reserves Evaluation Center director, said Zhang Dawei, to strengthen the management of  shale gas  development, we must first improve the regulations. Should be in our country, "Mineral Resources Law" and other legal framework for the special problems of shale gas development of new regulations, such as shale gas development on the environment, water and air, and develop specific regulations.

Second, and most important, is the formation of a complete shale gas exploration and development supporting systems. U.S. shale gas development a great success, on the one hand that the  Hydraulic fracturing  technology breakthrough; the other hand, is largely based on the government's focus on promoting the rule-making. It is reported that the U.S. government has been no investment in shale gas much money in shale gas, natural gas hydrate and the annual investment in deepwater exploration less than $ 1 billion. Therefore, our government should be doing the most is to use the law to establish a market economy and improve the supporting systems shale gas exploration and development.

Once again, should establish a regulatory regime for shale gas development. Shale gas tenders and supervision are twins, present, China has established a shale gas bidding system, but the absence of regulatory regime. Dawei said that if conventional oil and gas regulation,ceramic proppant China's state-owned oil companies rely on self-discipline, then the second tender shale gas, there will be a number of private companies and power companies and other non-oil enterprises to enter, they completely rely on self-regulation is not possible The Government must quickly establish a very standard regulatory procedures.