Bharat Book Bureau has announced the addition of the "Shale Gas
Industry" report to their offering.
China is basking in the glory of its recent world’s largest shale finds.
With almost 25% more reserves than the United States, China is dreaming about an
even bigger energy revolution than the one seen in America. If estimates are to
be believed then this 1,275 Trillion Cubic Feet of shale gas reserves found in
China will last for about 300 years at the present rate of production and
consumption. Since Chinese shale gas scenario is in its early years, the future
is large and as of now looks promising. The practical production currently is
zero, with a couple of experimental wells producing only 10,000 meters of gas
per day but nothing substantial
China’s
shale gas reserves are spread over almost all
of the country with an estimated amount of about 1275 Trillion Cubic Feet. The
exploration of shale gas in China is still in its infancy. Exploration of shale
gas is picking speed with companies; Shell has recently announced that the
exploratory results in the Sichuan basin are satisfying.
China’s enormous shale gas resource has been mainly found in the Sichuan
or South China and Tarim basins, but a lot is also scattered all over the
region. The commercial viability of these reserves is a major concern.
Nonetheless, they will be explored at a later stage to determine the amount of
hydrocarbons present. For convenience, the reserves can be divided into four
regions, North China, South China, Northwestern and Northeastern China. In these
four regions, shale deposits have been found in eight basins viz. Songliao
basin, Bohaiwan bay, NorthChina, Sichuan or the South China basin, Ordos basin,
Tuha Basin, Zhungaer basin and Tarim Basin. Out of these, North China, Sichuan
(South China) and Tarim basins are Marine Deposits and the rest five are
Continental Deposits.
Although shale gas is still in exploratory phase in China being led by
Sinopec, they plan to start commercial production in 2013 and considerable
production by 2015 with an aim of taking a major jump in 2020. Chinese
government has even started amending its own laws to encourage foreign shale gas
E&P companies to partner with Chinese companies.
“China Shale Gas Industry Analysis” research gives comprehensive insight
on following aspects related to shale gas industry in China:
Current Industry Overview
Shale Gas Reserves
Regulatory & Policy Framework
Shale Gas Blocks Auction Process & Result
Shale Gas Development Plan (2011-2015)
Shale Gas Investments
China Shale Gas Industry Future Outlook
For more information, please visit:
China Shale Gas Industry Analysis
