男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Shell, CNPC to jointly seek shale gas in Sichuan Basin

By He Wei in Shanghai | China Daily | Updated: 2014-03-26 08:31

Energy conglomerate Royal Dutch Shell Plc is committing to a "substantial investment" in exploring for conventional and unconventional gas in China to quench the growing thirst for clean energy in the world's second-largest economy.

The company will continue its exploration of shale gas in the Sichuan Basin, where it landed the first contract with State-owned oil giant China National Petroleum Corp, Huibert Vigeveno, executive chairman of Shell in China, said on Tuesday.

"We are now in the exploration phase by drilling various wells and testing underground pressure in these areas. Some parts of the projects have moved into the appraisal stage, and it will take time before we determine our next step," he told China Daily in Shanghai.

Shell expects to have a thorough knowledge of local geology by the end of 2014 into early next year, when Shell and CNPC will determine in tandem what the next steps are, Vigevino noted.

He did not disclose the amount of the company's investment. But the firm had pledged earlier to spend $1 billion annually in developing the country's vast shale gas reserves.

Vigeveno's words came amid concerns that oil majors in the United States are spinning off shale assets after struggling to profit from the prolific sector and that a similar retreat might occur in China.

But experience drawn from the North American market has helped accelerate drilling in China, making the exploration more efficient and effective, said Matthias Bichsel, Shell's director of projects and technology.

Chinese shale may hold 36.1 trillion cubic meters of technically recoverable gas, or 12 times the country's conventional gas deposits, data from the US Energy Information Administration showed.

China, believed to have one of the world's largest shale deposits, has drawn international heavyweights, including Shell, Exxon Mobil Corp and Total SA, to search for the unconventional gas, with Shell being the first to secure a production sharing contract.

The country plans to produce 6.5 billion cu m of shale gas by 2015, according to the industry's 12th Five-Year Plan (2011-15), the official blueprint.

Prospects for exploration have been rosier than expected, with daily output in some areas reaching 2 million cu m, the National Energy Administration said in January.

China Petroleum and Chemical Corp has vowed to mass-produce 5 billion c m of shale gas by the end of 2015, Chairman Fu Chengyu said.

Shell also is making inroads into downstream business segments. It opened a lubricant technical center in Shanghai on Tuesday, the biggest such hub in the Asia Pacific and an integral part of its global research and development network.

China's annual gas consumption will increase by 20 billion cu m every year to 230 billion cu m in 2015 the National Energy Administration said.

One of Shell's strategic priorities is to team up with Chinese energy giants in overseas markets and bring oil back to the country, Vigeveno said.

For instance, the company has collaborated with CNPC on exploration of unconventional resources in Canada and Australia, is seeking opportunities in Gabon with a second State-backed oil producer, China National Offshore Oil Co.

hewei@chinadaily.com.cn

 

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 多伦县| 黄龙县| 靖安县| 兴山县| 崇文区| 广昌县| 民县| 江北区| 哈密市| 莒南县| 米泉市| 繁峙县| 汝南县| 南丹县| 彭山县| 永济市| 梁平县| 合水县| 遵化市| 新昌县| 海安县| 赤壁市| 茌平县| 奉新县| 泰兴市| 积石山| 通道| 屏边| 勐海县| 腾冲县| 德格县| 郁南县| 浮梁县| 鄂伦春自治旗| 大邑县| 东兰县| 政和县| 新乡市| 二连浩特市| 南康市| 双峰县|