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Foreign media reports: the many problems of the development of shale gas in China

¡¡Industry insiders estimate that by 2030 China's dependence on foreign oil will be up to 70%, which will give a big question mark in the painting of China's energy security, then recent shale gas thermal whether the slow China's dependence on foreign energy?

   Shale gas heat has swept across the land of China, but the dispute is also growing. To estimate the geographic environment of China's shale gas, the higher mining costs, the profitability of the short term is not ideal. However, due to the significant increase in the number of China's emerging middle class, the future demand for energy will increase significantly, and will promote the development of the shale gas industry. The medium and long term, shale gas will provide sufficient energy. In order to better exploitation of shale gas, China should learn from other countries' mode on the basis of further improve the domestic regulatory system, especially on environmental issues.
   Currently, the pollution problems caused by the exploitation of shale gas in Europe and the United States caused a strong controversy, which can not be ignored. Recently, China has frequently purchase of oil and gas assets in North America, especially the exploitation of shale gas oil and gas companies have professional and technical, China hopes that the rapid development of shale gas vision of course is good, but some of these issues must be addressed.

    Exploitation of shale gas fracking, need high-pressure liquid pump to the underground rock resulting in rock cracks to harvest oil and gas. These high-pressure liquid is often high-pressure water mixed with sand and a small amount of chemical substances. Because the waste of water resources, and pollution of groundwater risks, shale gas mining multinational been questioned. In addition, the mining process required for horizontal drilling technology and three-dimensional seismic exploration techniques require technical expertise and experience. Perennial mining, North America, many companies have accumulated rich experience, and other rising star is lack of experience.
    Large-scale shale gas proven change the global energy situation, and therefore impact on the traditional oil and gas exporting countries, such as the Gulf States, Russia and Venezuela, in addition, the exploitation of shale gas in Poland, China and other rookie to change the regional energy situation will have an important driving effect. The resource reserves has always been rich Australia also joined the shale gas exploitation army, in the improvement of infrastructure for shale gas exploitation escort, this change will further enhance Australia's position in the international energy map.
    Now end because the shale gas revolution, the so-called peak oil, new technologies bring new resources will eventually reshape the geopolitical territory. Although promising, many countries eager desire to try, but the challenge is not small. Existing reserves are not recoverable amount, according to local conditions to achieve technological breakthroughs, will take some time.

    In any case, China's shale gas revolution has attracted the eyes of the world, this is a success. China's domestic energy situation to promote their accelerate the exploitation of shale gas. IEA 2010 data show that China's traditional oil production is decreasing, by 2030, 79% of China's oil demand will be dependent on imports, China has increased the pace of exploitation of unconventional oil and gas, in order to alleviate this situation.

   According to the Chinese Ministry of Land and Resources estimates that domestic shale gas reserves of about 886 trillion cubic meters, according to the U.S. Energy Information Administration estimates, more reserves of about 127.5 billion cubic meters. The projections shale gas reserves than the United States and Canada combined. For shale gas exploration, China has formulated a long-term plan. China's "12th Five-Year Plan", 2015, China's annual production of shale gas will reach 6.5 billion cubic meters in 2020 and strive to reach 100 billion cubic meters. By then, the shale gas will account for 10% of China's energy needs. In order to achieve this goal, the Chinese oil and gas companies should increase research and cooperation in the field of shale gas technology, although there is some progress, but limited role for the development of China's domestic shale gas.
China has shale gas is classified as an independent minerals, decided to give more room for development of shale gas, because it got rid of the three oil control, the introduction of competition, state-owned enterprises, private companies and foreign companies have the right to participate in the bidding.

    China's state-owned oil and gas companies in recent years to increase the process of internationalization of the efforts of all to see the expansion of overseas oil and gas industry, have formed a consortium with a number of international oil and gas giant. China illustrates the improvement in the international energy market status it has realized the importance of strengthening overseas business, especially with the rapid economic development, expand the scope of business of the oil and gas sector has become extremely necessary. Due to the strong financial background, high efficiency of Chinese companies in overseas mergers and acquisitions, especially in North America, CNOOC acquisition of Nixon is a typical success stories. China is moving toward large-scale development of shale gas. M & A allows a better understanding of the international market shale gas technology and progress Similarly, for shale gas in China's huge market, many international giants have expressed interest. , Royal Dutch Shell, Chevron, Exxon Mobil, BP Sichuan, Guizhou and other provinces of shale gas geological conditions research.

    Future shale gas industry for China's economic development escort, but at the same time China should face up to the shale gas exploitation faced by a variety of environmental and technical issues to be resolved through positive way, the harmonious development of the resources and the environment

 

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