China has made great proy, ress during 7 years of shale gas exploration and development. The country managed to finish a preliminary assessment of its resources, start commercial development of two shale gas blocks, a...China has made great proy, ress during 7 years of shale gas exploration and development. The country managed to finish a preliminary assessment of its resources, start commercial development of two shale gas blocks, and carry out basic technological research for independent development of the gas. To encourage tire development of the sector, the country also issued a series of preferential policies. Two rounds of shale gas bidding were held successfuUy. However, shale gas development in China is still in an early stage. Challenges such as immature geoloy, ical theories, lack of key technologies and capital, and environmental issues are almost inevitable and need to be tackled before or duringthe exploration and development of shale gas in tlre country. Overall, shale gas has a bright future in China because of the country＇s urgent demand for cleaner energy and its current heavy reliance upon imported gas. The article suggests that China will be able to produce 40 bcm by 2020 and that a healthy development of shale gas will be good news for both chemical engineering and peak shaving reserves.展开更多
文摘China has made great proy, ress during 7 years of shale gas exploration and development. The country managed to finish a preliminary assessment of its resources, start commercial development of two shale gas blocks, and carry out basic technological research for independent development of the gas. To encourage tire development of the sector, the country also issued a series of preferential policies. Two rounds of shale gas bidding were held successfuUy. However, shale gas development in China is still in an early stage. Challenges such as immature geoloy, ical theories, lack of key technologies and capital, and environmental issues are almost inevitable and need to be tackled before or duringthe exploration and development of shale gas in tlre country. Overall, shale gas has a bright future in China because of the country＇s urgent demand for cleaner energy and its current heavy reliance upon imported gas. The article suggests that China will be able to produce 40 bcm by 2020 and that a healthy development of shale gas will be good news for both chemical engineering and peak shaving reserves.
