USEUROPEAFRICAASIA 中文雙語Fran?ais
    Home / World

    Honghua, Shenhua enter shale gas JV

    By Du Juan | China Daily | Updated: 2013-02-16 08:25

    Honghua Group Ltd, China's largest exporter of oil-drilling equipment, and Shenhua Group, the country's biggest coal producer, have agreed to explore unconventional natural gas together, the latest major move in the booming field.

    The two companies on Thursday signed a strategic cooperative framework agreement to improve their core technologies in shale gas development, a Honghua statement said.

    The long-term cooperation covers research, consultancy, equipment and exploitation of the unconventional natural-gas businesses.

    According to the agreement, Shenhua will be responsible for management and construction costs, and Honghua will provide technology training and services.

    The statement didn't reveal the size of the investment.

    As China's largest coal producer and trader, Shenhua has a strong capability and rich experience in upstream exploration. In November, the company signed a cooperative agreement with the government of Guizhou province to invest more than 50 billion yuan ($8 billion) in the years up to 2020.

    The province has shale gas reserves of about 10.48 trillion cubic meters, ranking fourth among China's provinces and autonomous regions.

    Shenhua's investment in the province will include shale gas and coal processing.

    "Honghua is very glad to cooperate with Shenhua, an important energy enterprise in China," said Zhang Mi, Honghua's chairman and president. "The cooperation is beneficial for global unconventional natural-gas technology and equipment development."

    Zhang said in October that the company was planning to invest 100 million yuan in the shale gas industry by the end of 2012, and that the company wants to take advantage of opportunities in the rapid development of the shale gas industry.

    He said the industry will be in a boom period in the following two to three years.

    "Countries like China, India, Poland and Argentina will develop shale gas on a large scale, which will bring us opportunities," he said.

    As the United States makes efforts in large-scale shale gas development, which has helped the country with its energy needs, China has released policies and targets to follow its steps, with the aim of having 6.5 million cubic meters of production capacity by 2015.

    Peng Qiming, an official at the Ministry of Land and Resources, said in January that after the second round of shale gas block tenders in 2012, China will offer more blocks for exploration.

    He didn't release the timetable of the future tenders, but said the government welcomes the participation of private and joint ventures in shale gas exploration.

    In the second round of shale gas tenders, 16 companies, including two private ones, won bids for the 19 shale gas blocks with a total area of around 20,000 sq km.

    dujuan@chinadaily.com.cn

    (China Daily 02/16/2013 page9)

    Today's Top News

    Editor's picks

    Most Viewed

    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
    亚洲成A人片在线观看中文| 国产成人无码精品久久久久免费 | 最近中文字幕在线| 国产精品xxxx国产喷水亚洲国产精品无码久久一区| 日韩av无码中文字幕| 天堂无码久久综合东京热| 无码人妻丰满熟妇精品区| 国产成人无码区免费内射一片色欲 | 人妻丰满熟妇A v无码区不卡| 中文精品无码中文字幕无码专区| 日本aⅴ精品中文字幕| 丰满熟妇人妻Av无码区| 亚洲A∨无码无在线观看| 无码国产精品一区二区免费| 中文字幕在线免费| 日韩一本之道一区中文字幕| 狠狠精品干练久久久无码中文字幕| 无码国产色欲XXXX视频| 亚洲色偷拍另类无码专区| 精品亚洲欧美中文字幕在线看| 中文字幕精品亚洲无线码二区| 国产成人AV片无码免费| 亚洲AV日韩AV永久无码久久| 亚洲精品人成无码中文毛片| 久久综合中文字幕| 欧美日韩中文国产一区发布| 国产午夜无码专区喷水| 久久久久久av无码免费看大片| 日韩av无码中文字幕| 亚洲国产精品无码久久久蜜芽| 一区 二区 三区 中文字幕| 中文字幕aⅴ人妻一区二区| 中文字幕无码一区二区免费 | 成人av片无码免费天天看| 亚洲AV无码一区二区乱孑伦AS| 中文字幕无码第1页| 国产成人无码区免费内射一片色欲 | 亚洲一区日韩高清中文字幕亚洲| 7777久久亚洲中文字幕| а√在线中文网新版地址在线| 日韩中文字幕在线观看|