Wednesday, December 25, 2013

Unconventional gas tax incentive policy

Energy issues related to economic development and social stability, looking for alternative energy is the most important means to ceramic ball the problem of energy, unconventional gas because of its huge resource potential and brought to the attention of the governments. Refers to the unconventional natural gas accumulation mechanism, occurrence state, distribution, or the exploration and development mode is different from the conventional gas hydrocarbon (or non-hydrocarbon) resources, mainly including tight gas, coal-bed methane and shale gas. According to a 2010 conference in Houston data estimation, global unconventional gas resources is about 2.338 quadrillion cubic meters, more than four times the conventional natural gas resources. Unconventional gas has high technical requirements and the characteristics of the high cost, so many countries to give support to the development of unconventional gas. The United States is the highest level of unconventional gas development. In 2009 the United States, natural gas production in Russia for the first time reached 592.9 billion cubic meters, become the world's largest proppant suppliers producing countries, major contribution from unconventional gas yield increase. In 1990 America's unconventional natural gas accounted for the proportion of the total output of natural gas is less than 15%, and the proportion has reached 60% in 2010. Technological advances and rising gas prices increase the economy of developing unconventional gas, unconventional gas in the United States in recent years the rapid development of the important reasons.

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