China to fuel coal-bed methane efforts
By Richard Fu |
January 30, 2013, Wednesday
|
Print Edition
Print Edition
CHINA will build three to five big coal-bed methane production bases over five to 10 years as well as encourage coal and petroleum companies to set up specialized units to quicken development of the industry.
The methane bases, which include exploration and production, processing and transport, will be built in Qinshui Basin in Shanxi Province and Ordos Basin in Inner Mongolia by 2015, according to a draft industry policy released by the National Energy Administration yesterday as it sought public opinion.
Besides the planned bases in Qinshui and Ordos, China will also boost exploration in regions and provinces including Xinjiang, Liaoning, Heilongjiang, Sichuan, Guizhou and Yunnan, according to the policy.
Coal-bed methane is natural gas extracted from coal beds.
China has recently deepened efforts to boost development of unconventional gas resources, including coal-bed methane, shale gas and tight gas, to trim reliance on oil and coal and to improve the environment.
The government has doubled subsidies for coal-bed methane production and in late 2011 unveiled an annual output target of 30 billion cubic meters by 2015. But last year's output rose to 12.5 billion cubic meters from 11.5 billion cubic meters in 2011, leading to concerns the 2015 target may not be met.
China will urge big coal and oil and gas companies to form coal-bed methane units and allow small firms and foreign entities to join in the development.
The methane bases, which include exploration and production, processing and transport, will be built in Qinshui Basin in Shanxi Province and Ordos Basin in Inner Mongolia by 2015, according to a draft industry policy released by the National Energy Administration yesterday as it sought public opinion.
Besides the planned bases in Qinshui and Ordos, China will also boost exploration in regions and provinces including Xinjiang, Liaoning, Heilongjiang, Sichuan, Guizhou and Yunnan, according to the policy.
Coal-bed methane is natural gas extracted from coal beds.
China has recently deepened efforts to boost development of unconventional gas resources, including coal-bed methane, shale gas and tight gas, to trim reliance on oil and coal and to improve the environment.
The government has doubled subsidies for coal-bed methane production and in late 2011 unveiled an annual output target of 30 billion cubic meters by 2015. But last year's output rose to 12.5 billion cubic meters from 11.5 billion cubic meters in 2011, leading to concerns the 2015 target may not be met.
China will urge big coal and oil and gas companies to form coal-bed methane units and allow small firms and foreign entities to join in the development.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
