Increasing Domestic Gas Consumption is Prompting China to Develop its Shale Gas Resources

GlobalData, September 2011, Pages: 7

Increasing Domestic Gas Consumption is Prompting China to Develop its Shale Gas Resources

Summary

People’s Republic of China (China) is currently pursuing its goal to achieve a share of natural gas in its primary energy mix to 10% by 2020. In 2001, the share of natural gas in the country’s energy mix was about 2.3%. Consequently, the country is witnessing rapid growth in natural gas consumption. In order to meet growing gas consumption, the country has made investments to increase domestic gas production as well as to develop infrastructure for gas imports. However, the country has realized that its proven reserves of conventional gas will not last for long, at current production levels. Also, imports of natural gas are increasing at a rapid pace. As a result, China’s government has decided to take concrete steps towards developing its resources of unconventional gas.

Scope

- The report highlights rapid increase in natural gas consumption in China which has resulted into fast rising natural gas imports of the country
- It also provides information on unconventional gas resources (especially gas shales) of the country
- It further provides information on key steps taken by China's government to develop its shale gas resources aimed to check increasing natural gas imports

Reasons to buy

- To keep abreast of recent trends in natural gas production and consumption in China
- To gain detailed information on gas shale resources of China
- To stay informed about recent activities in shale gas development in China

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1

1.1 List of Tables
1.2 List of Figures
2 Summary
3 Increasing Domestic Gas Consumption is Prompting China to Develop its Shale Gas Resources
3.1 China is Experiencing a Rapid Rise in the Share of Natural Gas in its Primary Energy Mix
3.2 China Has Huge Shale Gas Resources
3.3 China is Trying to Develop its Unconventional Gas to Check Increasing Gas Imports
4 Appendix
4.1 Methodology
4.2 Contact Us
4.3 Disclaimer

1.1 List of Tables
Table 1: Energy Consumption, China, Share of Natural Gas, %, 2000–2010
Table 2: Natural Gas Production and Consumption, China, 2001–2010, MMtoe
Table 3: Natural Gas Market, China, Dry Natural Gas Imports, Bcf, 2006–2010
Table 4: China Shale Gas Basins, Key Information, 2011
Table 5: Key Deals & Acquisitions in Shale Gas by China’s Oil and Gas Companies, Global, 2010–2011

1.2 List of Figures
Figure 1: Natural Gas Production and Consumption, China, 2001–2010, MMtoe
Figure 2: Natural Gas Market, China, Dry Natural Gas Imports, Bcf, 2006–2010
Figure 3: China Shale Gas Basins, 2011

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