Wednesday, August 7, 2013

Shale gas lift Revolution: 8 years trillion investment in China's energy structure reconstruction

Shale gas in China "aggressive."
December 6, the Ministry announced the second round of bidding for shale gas exploration results.Ceramic proppant The results showed that 19 successful enterprises have 17 or for the local state-owned enterprises directly under SASAC, but striking is the two private enterprises - Huaying Shanxi Energy Investment Co., Ltd. and Beijing Tong Yuan gas resources Titan Technology Co., Ltd. won the bid while the four major oil companies without a bid.
"This means that the four major state-owned enterprises have traditionally monopolized by the upstream natural gas resources, the first substantial oil to the outside of the four major enterprises and private enterprises to open up a hole, I think this hole groundbreaking historical significance, is the China Energy a milestone. "on December 7 at the" 2012 Partner Summit  unconventional gas  "(hereinafter referred to as" Shale Gas Summit "), and Sinopec Research Institute of Petroleum Exploration and Development Advisory Committee, deputy director Zhang anti publicly.
China shale gas revolution, the curtain is slowly opened.
With the success of U.S. shale gas revolution, world energy situation has undergone significant changes in the stimulation by this change, many countries, including China also plans to catch up, but the Chinese replicate the success of U.S. shale gas revolution, there Too many variables.
Specifically, the Chinese shale gas family property is not clear, technical and financial obstacles, land and water constraints, pricing mechanism and pipeline management constraints and other factors.
Therefore, in this shale gas summit, CNOOC Energy Economics Institute researcher Chen Weidong, chief energy then made good reminder. He believes that, despite the variety of backgrounds businesses and various local governments, on shale gas exploration and development is very enthusiastic, but because of shale gas compared to conventional oil, are lean ore, particularly large upfront capital investment, business risk is also great To guard against "cast into the crocodile, out of the gecko."
"We usually refer to hit 63 wells, there are more than 20 wells out of the industrial gas flow,Proppant which is the data as of May this year, now has more than the aforementioned data, the most recent statistical summary of it yet." MLR Oil and Gas Strategy Research Center, Li Yuxi, told reporters that the existing wells are experimental wells, still a long way from commercial development, it is now difficult to judge China shale gas input-output ratio, the business outlook is uncertain .

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