久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

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

Oil giants have the cash and the clout to develop shale resources

By Du Juan | China Daily | Updated: 2014-12-23 07:30

Energy | Du Juan

The national oil companies, which dominate the industry in China, will benefit the country's shale gas development over the longer term as the world's second-largest economy seeks to reduce its dependence on imports, an energy expert said.

Melissa Stark, managing director of consultancy Accenture Plc's new energy business, said that several factors - including geology, land access, technology and talent - must be considered when assessing the viability of unconventional energy projects.

 Oil giants have the cash and the clout to develop shale resources

Technicians check shale gas transport facilities in Chongqing. China is believed to possess the world's biggest estimated technically recoverable shale gas resources. Provided to China Daily

"Shale gas development is very different from country to country. For China in particular, the participation of national oil companies can lead to more promising results for the industry because those companies have longer-term plans, huge investment ability and other advantages in terms of operations," said Stark.

She made the comments during a visit to Beijing in November to launch the firm's report on the international development of unconventional energy resources.

The United States has become increasingly independent in terms of energy resources through the shale gas revolution. It is using new technologies such as horizontal drilling and hydraulic fracturing (fracking) to access previously unavailable reserves.

Now, other countries such as China are considering whether they can also succeed in developing unconventional energy resources.

The Accenture report said that China, which may have significant development in shale in five to 10 years, should adapt the available technology to local characteristics.

"People used to believe that national oil companies are a bad thing for the shale gas industry, because a monopoly leads to lower efficiency and a less active market. But we don't see it that way," said Stark.

China is believed to possess the world's biggest estimated technically recoverable shale gas resources, according to the report.

The biggest challenges in China for the shale sector are the ability to gain access to resources and deliver them to consumers. These challenges relate to terrain, population density and water scarcity. It is easier for national oil companies to address these challenges than it is for private companies because they have experience working building infrastructure in China and with local communities to find compromises and solutions, she said.

"A long-term view is a must for the shale gas industry because huge investment is required. There are needs for a certain well density to understand the technology that works the best and to get the scale efficiencies required to drive down costs. National oil companies are in the markets for a long-term, so are better placed to take this long-term view of risk and return. "

Many private energy companies lack the financial resources to handle the risks.

According to CITIC Securities Co, the nation's cumulative investment in shale gas development totaled 20.7 billion yuan ($3.35 billion) as of July 2014. The two major national oil companies - China National Petroleum Corp and China Petrochemical Corp (Sinopec Group) - accounted for more than 90 percent of the total investment.

Up to 98 percent of the nation's shale gas output has come from those two companies. Private enterprises that won exploration licenses are still at the preliminary prospecting stage, said the report.

Stark also pointed out that the central government's guidance and control over the national oil companies when it comes to shale development can avoid duplication of effort, which leads to higher efficiency.

"The US has a much more open market in shale gas development with thousands of companies participating in different sectors of the production chain. It has advantages, but this also results in much duplicate infrastructure," she said.

To meet the Chinese government's ambitious target of producing 30 billion cubic meters of shale gas annually by 2020, the two leading national oil companies have been accelerating projects in the Sichuan Basin, the country's biggest shale region.

Sinopec is the biggest shale gas player in China, with total output of 1 bcm as of Oct 31. The company's Fuling block will reach an annual capacity of 10 bcm by 2017.

To catch up with its counterpart, CNPC has invested heavily in the Sichuan Basin under cooperation agreements with local governments and both domestic and foreign companies. The company said it has 40 wells in production with total output of about 200 million cubic meters so far. The company is targeting annual output of 5 bcm in 2017.

One challenge all companies in China face is that the nation's geology is very different from that of the US, which means that technology must be adapted, said Stark.

She said that although leveraging foreign technology is important, Chinese companies will need to develop the technology that fits the nation's geological conditions.

Even in the US, she said, basins' geology can differ widely.

Contact the writer at dujuan@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
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    国产亚洲一本大道中文在线| 亚洲乱码日产精品bd| 欧美一级生活片| 九九视频精品免费| 中文天堂在线一区| 欧美中文字幕一区| 久久国产精品72免费观看| 久久精品一区二区三区不卡牛牛| 99视频精品在线| 香蕉成人啪国产精品视频综合网| 欧美成人a∨高清免费观看| 国产成人av福利| 亚洲综合在线电影| 日韩精品中文字幕在线不卡尤物| 国产激情精品久久久第一区二区| 亚洲蜜臀av乱码久久精品蜜桃| 8v天堂国产在线一区二区| 国产精一品亚洲二区在线视频| 亚洲欧洲精品一区二区三区| 欧美人狂配大交3d怪物一区| 精品综合免费视频观看| 17c精品麻豆一区二区免费| 欧美精品久久99| 国产一区二区电影| 一区二区三区在线免费视频| 日韩欧美一区二区免费| 成人美女视频在线观看| 亚洲国产精品一区二区www在线| 日韩精品一区二区三区视频播放| 99国产精品久久久久久久久久| 视频一区二区三区在线| 国产精品免费看片| 欧美日韩国产系列| 粉嫩欧美一区二区三区高清影视| 香蕉乱码成人久久天堂爱免费| 久久亚洲精品小早川怜子| 日本高清不卡视频| 国产在线精品视频| 亚洲第一会所有码转帖| 中文字幕精品一区二区精品绿巨人 | 国产一区二区免费在线| 亚洲在线观看免费视频| 国产亚洲视频系列| 在线播放91灌醉迷j高跟美女| 成人黄色片在线观看| 日韩激情一二三区| 亚洲柠檬福利资源导航| 久久综合九色综合97_久久久| 欧美色电影在线| 成年人国产精品| 久久成人综合网| 亚洲一卡二卡三卡四卡| 欧美国产一区视频在线观看| 91精品国产日韩91久久久久久| 色悠悠亚洲一区二区| 国产二区国产一区在线观看| 青青草国产成人av片免费| 日韩美女啊v在线免费观看| 精品福利一二区| 91精品婷婷国产综合久久竹菊| 91美女福利视频| 成人在线视频一区二区| 久久成人18免费观看| 亚洲永久免费av| 亚洲视频在线观看一区| 国产日产亚洲精品系列| 欧美大尺度电影在线| 在线播放欧美女士性生活| 91福利视频久久久久| 成人黄色大片在线观看| 国产精品一区二区三区99| 欧美aa在线视频| 视频在线观看91| 亚洲图片自拍偷拍| 一区二区三区日韩欧美精品| 国产精品高清亚洲| 欧美激情一区二区三区蜜桃视频 | 欧美日韩中文精品| 91麻豆自制传媒国产之光| 丰满亚洲少妇av| 国产精品白丝jk白祙喷水网站| 久久精品国产一区二区三 | 99久久精品国产精品久久| 国产成人午夜片在线观看高清观看| 久久国产精品第一页| 日本人妖一区二区| 日日夜夜精品免费视频| 视频一区视频二区中文| 偷偷要91色婷婷| 亚洲成年人网站在线观看| 亚洲自拍偷拍九九九| 亚洲乱码中文字幕| 亚洲精品亚洲人成人网在线播放| 亚洲视频图片小说| 日韩伦理免费电影| 亚洲欧美韩国综合色| 亚洲男同性视频| 一区二区久久久久久| 亚洲一区在线观看免费| 亚洲一区二区三区视频在线| 亚洲香蕉伊在人在线观| 亚洲第一成人在线| 五月天丁香久久| 日本在线不卡一区| 久久精品国产精品青草| 国产专区欧美精品| 国产成人精品1024| 暴力调教一区二区三区| 91小视频在线| 欧美性videosxxxxx| 欧美久久一二三四区| 欧美一卡二卡在线| 久久网站热最新地址| 国产欧美精品国产国产专区| 国产精品美女久久久久久久| 亚洲日韩欧美一区二区在线| 亚洲综合在线五月| 日本午夜一本久久久综合| 精品一区二区三区的国产在线播放| 国产一区二区导航在线播放| 处破女av一区二区| 色综合一区二区三区| 欧美日本免费一区二区三区| 日韩欧美一二区| 国产亚洲一本大道中文在线| 1区2区3区精品视频| 亚洲尤物视频在线| 免费精品99久久国产综合精品| 国内不卡的二区三区中文字幕 | 中文字幕在线不卡国产视频| 亚洲日本va午夜在线影院| 亚洲成人av电影| 精品一二三四区| 99久久免费国产| 欧美日产在线观看| 久久久三级国产网站| 亚洲视频在线一区观看| 日韩高清不卡在线| 国产成人精品一区二区三区四区| 色婷婷综合久久久| 日韩限制级电影在线观看| 亚洲国产精品二十页| 亚洲一区二区在线免费看| 麻豆专区一区二区三区四区五区| 成人免费视频一区| 欧美日韩精品福利| 久久精品视频一区二区三区| 亚洲精选视频免费看| 日本vs亚洲vs韩国一区三区| 国产91丝袜在线18| 在线观看日韩电影| 久久久亚洲国产美女国产盗摄| 亚洲女人的天堂| 麻豆免费精品视频| 91丨九色丨黑人外教| 日韩三级在线观看| 亚洲欧美激情一区二区| 九九视频精品免费| 色狠狠色狠狠综合| 久久老女人爱爱| 亚洲成人先锋电影| 大胆欧美人体老妇| 欧美一区二区视频免费观看| 中文字幕 久热精品 视频在线| 香蕉av福利精品导航| 国产成人精品三级麻豆| 欧美福利视频导航| 中文字幕日韩精品一区| 久久成人18免费观看| 欧美性生交片4| 国产精品人人做人人爽人人添| 日本欧美在线观看| 91年精品国产| 久久久不卡网国产精品二区| 午夜在线成人av| 97精品久久久久中文字幕| 欧美tickling挠脚心丨vk| 一区av在线播放| 国v精品久久久网| 日韩三级免费观看| 亚洲一区自拍偷拍| a亚洲天堂av| 久久久蜜桃精品| 欧美aaaaa成人免费观看视频| 一本色道久久加勒比精品| 久久久久久久久久久久久夜| 日韩中文字幕区一区有砖一区 | 久久久久久久av麻豆果冻| 视频一区中文字幕| 在线区一区二视频| 国产精品久久影院| 九九**精品视频免费播放| 欧美日本精品一区二区三区| 亚洲男女一区二区三区| 豆国产96在线|亚洲| 精品日产卡一卡二卡麻豆| 丝袜亚洲精品中文字幕一区| 色88888久久久久久影院野外| 中文子幕无线码一区tr| 激情国产一区二区|