China is abandant in shale gas resources. Encouraged by the successful development of shale gas resources in the U. S., China began its shale gas research and exploration activity about 10 years ago. This paper briefe...China is abandant in shale gas resources. Encouraged by the successful development of shale gas resources in the U. S., China began its shale gas research and exploration activity about 10 years ago. This paper briefed the history, state quo and future of shale gas development in the country. Factors that constrain the shale gas industry there include technology limitations, attitude of the government, environmental concerns and etc. The future of the shale gas industry in China depends heavily on how well these issues are dealt.展开更多
This paper discusses UHS characteristics,introduces the geological structures and industrial practices of UHS,and reviews UHS research current situation and main scientific problems.The main advantages of underground ...This paper discusses UHS characteristics,introduces the geological structures and industrial practices of UHS,and reviews UHS research current situation and main scientific problems.The main advantages of underground hydrogen storage are:1)large-scale storage,2)long-term storage,3)low-cost storage,and 4)higher safety.Salt caverns,depleted gas reservoirs and aquifers are three main types of geological structures suitable for UHS.There have been some operation cases of pure hydrogen storage in salt caverns,and only a few of mixed hydrogen storage has been stored in depleted gas reservoirs and aquifers.Underground hydrogen storage will be technically and economically feasible.Industrial-scale application of underground hydrogen storage technology involves geological,technical,economic,legal and social factors.The cost reduction of hydrogen production by electrolysis will be a decisive factor for implementation of the underground hydrogen storage on an industrial scale.Underground hydrogen storage began in the 1970s,but only in the 2010s did the EU and the US take it seriously,and many research and demonstration projects have been launched.In general,UHS technology is still in its infancy and not yet mature.展开更多
China has rich oil resources, yet relatively low-quality crude oil and difficulty in exploration and development limit the pace the oil industry will be. At present, the prospects of oil development are in a moderate ...China has rich oil resources, yet relatively low-quality crude oil and difficulty in exploration and development limit the pace the oil industry will be. At present, the prospects of oil development are in a moderate mature stage, the increasing trend of high basic value in oil reserves pose a huge potential of oil exploration and development in China. The most proved reserves展开更多
Economy growth in China is expected to slow down a little during the I3th Five-Year-Plan period. So will the domestic gas demand and supply market, which may be quite different from that of the 11 th and 12th Five-Yea...Economy growth in China is expected to slow down a little during the I3th Five-Year-Plan period. So will the domestic gas demand and supply market, which may be quite different from that of the 11 th and 12th Five-Year-Plan periods. The paper summarized the state quo of gas supply and demand in the country and analyzed factors that may affect the demand and supply balance in the new period. It is proposed that there will be many uncertainties in achieving supply and demand goals of gas set for tire period, and gas glut is also very possible during the time. To deal with the problem, it is suggested that several measures be taken nationwide: improving utilization of gas in several sectors, straightening and optimizing the pricing mechanism, speeding up construction of infrastructures, implementing relevant policies and boosting up supen^ision and monitor of tire industry.展开更多
Up to now,there are 29 oil- and gas-bearing basins with recoverable oil and gas reserves in China. However, most of the reserves were mainly discovered in parts of the 29 basins, which played an important role in Chin...Up to now,there are 29 oil- and gas-bearing basins with recoverable oil and gas reserves in China. However, most of the reserves were mainly discovered in parts of the 29 basins, which played an important role in China's petroleum exploration and development. Based on the data statistics and analyses of reserves and resources, the current situation of oil and gas discoveries and the resources potential in these major basins are展开更多
During the past decade,China’s petroleum industry had experienced an extraordinary process,the development of domestic oil supply and demand was unbalanced.China’s oil consumption continues to grow with a compound a...During the past decade,China’s petroleum industry had experienced an extraordinary process,the development of domestic oil supply and demand was unbalanced.China’s oil consumption continues to grow with a compound annual growth rate of 5.1%,making China the world’s second largest oil consumer,the share of oil in primary energy consumption mix increased steadily and accounted for 20%in 2019.Oil proved reserves increased grow at a low rate with a compound annual growth rate of 2.1%from 2008 to 2018.China’s proved reserve ranked the 14th in the world in 2019.Oil production increased and exceeded 200 million in 2010,reached the historical peak in 2015,and then continued to decline from 2016 to 2018.China’s Oil imports are growing rapidly and its import dependency has continued to rise.In 2017,China surpassed the United States to become the world’s largest oil importer.In the past decade,the import dependency had increased by more than 20%and reached nearly 72%in 2019.展开更多
Over the past decade,China had developed rapidly in the natural gas industry and become one of the largest natural gas countries in the world.From 2009 to 2019,natural gas consumption in China had been growing rapidly...Over the past decade,China had developed rapidly in the natural gas industry and become one of the largest natural gas countries in the world.From 2009 to 2019,natural gas consumption in China had been growing rapidly with a compound annual growth rate of 13.1%,making it the world’s third largest consumer of natural gas now.The share of natural gas in primary energy consumption mix is constantly increasing and reaches 8.6%in 2020.Natural gas proved reserves in China grow at an compound annual growth rate of 8.9%during the past decade.展开更多
Encouraged by the great success of shale oil development in the US, China began its shale oil exploration and development activities in 2010. During the past decade, progresses had been made in many shale-oil-bearing ...Encouraged by the great success of shale oil development in the US, China began its shale oil exploration and development activities in 2010. During the past decade, progresses had been made in many shale-oil-bearing basins, including Ordos, Junggar and Bohai Bay. This article reviewed in detail the current situations of shale oil exploration and development in these basins. Issues such as shale oil play geological conditions that quite different from that of the U.S., lack of specific technologies, impact of a low oil price, absence of sufficient fiscal support from the central government and room for further institutional improvement, were sorted out to be the major challenges in the path of shale oil exploration and development in the basins. To deal with the problems, the authors proposed a nationallevel research for cost-reduction and efficiency-increasing strategy and painted a preliminary roadmap of technology research for shale oil extraction. Four national-level pilot projects of shale oil development were also suggested in the paper.展开更多
文摘China is abandant in shale gas resources. Encouraged by the successful development of shale gas resources in the U. S., China began its shale gas research and exploration activity about 10 years ago. This paper briefed the history, state quo and future of shale gas development in the country. Factors that constrain the shale gas industry there include technology limitations, attitude of the government, environmental concerns and etc. The future of the shale gas industry in China depends heavily on how well these issues are dealt.
文摘This paper discusses UHS characteristics,introduces the geological structures and industrial practices of UHS,and reviews UHS research current situation and main scientific problems.The main advantages of underground hydrogen storage are:1)large-scale storage,2)long-term storage,3)low-cost storage,and 4)higher safety.Salt caverns,depleted gas reservoirs and aquifers are three main types of geological structures suitable for UHS.There have been some operation cases of pure hydrogen storage in salt caverns,and only a few of mixed hydrogen storage has been stored in depleted gas reservoirs and aquifers.Underground hydrogen storage will be technically and economically feasible.Industrial-scale application of underground hydrogen storage technology involves geological,technical,economic,legal and social factors.The cost reduction of hydrogen production by electrolysis will be a decisive factor for implementation of the underground hydrogen storage on an industrial scale.Underground hydrogen storage began in the 1970s,but only in the 2010s did the EU and the US take it seriously,and many research and demonstration projects have been launched.In general,UHS technology is still in its infancy and not yet mature.
文摘China has rich oil resources, yet relatively low-quality crude oil and difficulty in exploration and development limit the pace the oil industry will be. At present, the prospects of oil development are in a moderate mature stage, the increasing trend of high basic value in oil reserves pose a huge potential of oil exploration and development in China. The most proved reserves
文摘Economy growth in China is expected to slow down a little during the I3th Five-Year-Plan period. So will the domestic gas demand and supply market, which may be quite different from that of the 11 th and 12th Five-Year-Plan periods. The paper summarized the state quo of gas supply and demand in the country and analyzed factors that may affect the demand and supply balance in the new period. It is proposed that there will be many uncertainties in achieving supply and demand goals of gas set for tire period, and gas glut is also very possible during the time. To deal with the problem, it is suggested that several measures be taken nationwide: improving utilization of gas in several sectors, straightening and optimizing the pricing mechanism, speeding up construction of infrastructures, implementing relevant policies and boosting up supen^ision and monitor of tire industry.
文摘Up to now,there are 29 oil- and gas-bearing basins with recoverable oil and gas reserves in China. However, most of the reserves were mainly discovered in parts of the 29 basins, which played an important role in China's petroleum exploration and development. Based on the data statistics and analyses of reserves and resources, the current situation of oil and gas discoveries and the resources potential in these major basins are
文摘During the past decade,China’s petroleum industry had experienced an extraordinary process,the development of domestic oil supply and demand was unbalanced.China’s oil consumption continues to grow with a compound annual growth rate of 5.1%,making China the world’s second largest oil consumer,the share of oil in primary energy consumption mix increased steadily and accounted for 20%in 2019.Oil proved reserves increased grow at a low rate with a compound annual growth rate of 2.1%from 2008 to 2018.China’s proved reserve ranked the 14th in the world in 2019.Oil production increased and exceeded 200 million in 2010,reached the historical peak in 2015,and then continued to decline from 2016 to 2018.China’s Oil imports are growing rapidly and its import dependency has continued to rise.In 2017,China surpassed the United States to become the world’s largest oil importer.In the past decade,the import dependency had increased by more than 20%and reached nearly 72%in 2019.
文摘Over the past decade,China had developed rapidly in the natural gas industry and become one of the largest natural gas countries in the world.From 2009 to 2019,natural gas consumption in China had been growing rapidly with a compound annual growth rate of 13.1%,making it the world’s third largest consumer of natural gas now.The share of natural gas in primary energy consumption mix is constantly increasing and reaches 8.6%in 2020.Natural gas proved reserves in China grow at an compound annual growth rate of 8.9%during the past decade.
文摘Encouraged by the great success of shale oil development in the US, China began its shale oil exploration and development activities in 2010. During the past decade, progresses had been made in many shale-oil-bearing basins, including Ordos, Junggar and Bohai Bay. This article reviewed in detail the current situations of shale oil exploration and development in these basins. Issues such as shale oil play geological conditions that quite different from that of the U.S., lack of specific technologies, impact of a low oil price, absence of sufficient fiscal support from the central government and room for further institutional improvement, were sorted out to be the major challenges in the path of shale oil exploration and development in the basins. To deal with the problems, the authors proposed a nationallevel research for cost-reduction and efficiency-increasing strategy and painted a preliminary roadmap of technology research for shale oil extraction. Four national-level pilot projects of shale oil development were also suggested in the paper.