Latest News:  
Beijing   Cloudy    25 / 15 ℃  City Forecast

English>>China Business

China taps shale gas through combined efforts (3)

(Xinhua)

08:13, October 08, 2012

Adjusting technology & policies

Technical hurdles are another challenge facing the nascent energy sector.

After the United States' successful exploration of unconventional mineral gases, many countries rich in shale gas reserves have turned to the clean, highly efficient energy source, especially amid the recent oil price hikes on the global market.

But experts said that imported foreign exploitation technology may not be well-suited to China's geological conditions, and Chinese companies have to work out their own way instead of relying heavily on foreign know-how.

Experts also worried that shale gas exploitation would face the same plight as natural gases.

"As shale gas production scales up, problems such as insufficient infrastructure will become bottlenecks for exploitation," said Zhang Dawei, an analyst with the Strategic Research Center of Oil and Gas Resources under the MLR.

In the US, the extensive pipeline network for natural gases has greatly reduced the cost of exploiting shale gas, whereas China's current pricing mechanism for natural gases has kept investors away, experts said.

The authority should grant more third-party access into network facilities to encourage a more open, efficient marketplace, experts suggested.

To address the issue, Chinese energy authorities and executives met with their US counterparts on a forum in San Antonio, Texas, in mid-September to discuss the role the government could play in regulating shale gas exploitation and managing subsequent safety and environmental problems.

【1】 【2】 【3】 【4】

Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Chinese weapons arouse discussions

  2. Photos touching you at the first sight

  3. Mounting calls for free access to Wi-Fi

  4. 6 crew detained after HK ship collision

  5. Found new species in submarine of Indonesia

  6. A Close Contact with Whales

Most Popular

Opinions

  1. Commentary: Unraveling the value mystique
  2. Commentary: Pricing strategies for success
  3. 'Economic war' with Japan unwise
  4. An end to the era of double-digit growth
  5. Human resources need more investment
  6. Japan should know facts rather than rhetoric prevail
  7. Be vigilant against resurgence of militarism in Japan
  8. Easy times gone for foreign firms in China
  9. Noda gov't in hot water as LDP eyes comeback
  10. White paper makes watertight case for Diaoyu claim

What's happening in China

Congestion dogs travelers

  1. HIV sufferers to receive mental counseling
  2. Chinese tourists head overseas during holiday
  3. Foxconn denies workers striking against overtime
  4. Tolls stop on bridge after 1.45b yuan in illegal fees
  5. Half-naked man gnaws woman's face, bites cop

China Features

  1. More chances for Chinese, Canadian businesses
  2. Culture invasion? Starbucks kisses Buddha
  3. Public should enjoy more 'tourism benefits'
  4. Ancient villages face losing their souls
  5. Economic circles key to Sino-Japan relations

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture