Twenty five years of coal bed methane development in China.
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| Title: | Twenty five years of coal bed methane development in China. |
|---|---|
| Authors: | Regan, Tony, Chao, Zhu |
| Source: | Journal of World Energy Law & Business. Oct2014, Vol. 7 Issue 5, p423-447. 25p. |
| Subject Terms: | *Coalbed methane, *Coal mining, *Biogas, *Alkanes |
| Company/Entity: | PetroChina Co. Ltd. PTR |
| Abstract: | China has huge unconventional gas resources and the largest is coal bed methane (CBM). Initial appraisal of CBM resources commenced in the 1990s, the first production sharing contract was signed in 1998 and first commercial production was in 2006. Eight years later, production has only reached 3 Bcm far lower than forecast despite PetroChina and CNOOC championing the development of these resources. Progress has been slow but better technology is being introduced, many of the issues that have delayed development over the last 25 years have been resolved and the government is prepared to offer further incentives to make the sector more attractive and speed up development. CBM production of 16 Bcm by 2015 remains most unlikely, but more projects are getting close to commercial production so we should see steady rather than spectacular growth over the course of the decade. [ABSTRACT FROM AUTHOR] |
| Database: | Energy & Power Source |
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