Latest News:  
Beijing   Sunny    16 / 4 ℃  City Forecast

English>>China Business

Caution urged for shale gas exploitation (2)

(China Economic Net)

08:21, November 13, 2012

Energy Information Administration of the US Department of Energy released a report in April 2011 that the recoverable shale gas reserves is 187 trillion m3 in the world, among of which the reserves in US is 24.4 trillion m3 (accounting for about 13 percent) and in China up to 36 trillion m3 (accounting for about 20 percent), ranking the first in the world. Ministry of Land and Resources of China released for the first time in March 2012 that the potential of shale gas geological resources is 134.42 trillion m3 in the land territory of China, among of which 25.08 trillion m3 can be recovered (excluding the shale gas in Qinghai-Tibet area).


By comparing with the above two official statistics, it is found that there is a large difference in the estimate of the recoverable shale gas reserves in China. However, the data released by MLR is only based on technical feasibility and does not take into consideration a series of restrictions like large consumption of water resources, environmental impact, population density and pipeline transport. Furthermore, the geological and exploiting conditions in China are not as favorable as in the US. During the real exploitation process, it should also take into consideration a lot of other restrictions besides the technical feasibility, so the resources which can be exploited and produced really are much less than the released data.


【1】 【2】 【3】 【4】



Recommended Features:
A Decade of Fastest Development Eastern Boom Lightens Western Gloom A Journey to Cultural Renaissance
Gold collection issued to mark 'Year of Snake' China: A Fast-growing Force in IPR 13th Int'l Automobile Industry Exhibition
China Int'l Industry Fair opens in Shanghai Caofeidian coal wharf put into use Canton Fair wraps up on Sunday


Email|Print|Comments(Editor:李倩、马茜)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Devil training of PLA

  2. Weekly review of military photos

  3. Most expensive diamonds in the world

  4. Diverse activities on Single's Day

  5. Beijing experiences windy weather

  6. Online shopping bonanza breaks records

  7. Chinese acrobatics gain global clout

  8. University Libraries Be Open to the Public?

Most Popular

Opinions

  1. Recalling Faulty Vehicles
  2. Puzzlement hits historic towers' road to WCH
  3. Online amenities create utopia of idiots
  4. Economic ranking means less for public
  5. Commentary: What path will economy take
  6. Growth of for-profit hospitals should be limited
  7. Mahjong: to protect or to crack down?
  8. Commertary: Finding a dynamic balance
  9. Central bank to use more open-market operation
  10. Commentary: Have confidence in China

What’s happening in China

Weekly Photos of China: Nov 5-11

  1. Diverse celebrative activities on Single's Day
  2. Rare mutation solves murder
  3. City unlocks restrooms for public
  4. 'Grid system' ensures well-being of the elderly
  5. Singles declare love ... for online shopping