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USEUROPEAFRICAASIA中文双语FrançaisHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILEBusinessMacroCompaniesIndustriesTechnologyMotoringChina DataFinanceTop 10Home / Business / IndustriesChinas shale gas output jumps in 2016
Xinhua | Updated:2017-07-11 08:14BEIJING — China produced more shale gas last year, as the worlds biggest energy producer and consumer cleans up its coal-dominated energy mix.Its shale gas yield increased 76.3 percent to 7.9 billion cubic meters in 2016, a record high, the Ministry of Land and Resources (MLF) said Monday in a statement.A total of 8.79 billion yuan ($1.3 billion) was spent prospecting for shale gas last year.Breakthroughs in drilling techniques have made China one of the top shale gas suppliers in the world. Only a few countries are able to commercially produce the gas, including the United States, Canada and Argentina.The China Geological Survey announced Friday that a shale gas reservoir had been discovered in Yichang City, central Chinas Hubei province. The area is estimated to have over 500 billion cubic meters of gas reserves.Chinas exploitable shale gas reserves are estimated at 21.8 trillion cubic meters, with proven reserves at 544.1 billion cubic meters.The country plans to raise its annual shale gas output to 30 billion cubic meters in 2020 and aims for 80 to 100 billion cubic meters in 2030.The MLF statement also showed the output of coalbed methane, another unconventional natural gas, rose slightly from a year ago to 4.5 billion cubic meters. New proven reserves were 57.61 billion cubic meters.The government plans to increase the proportion of natural gas in energy consumption to more than 10 percent from the current 5.9 percent by 2020, and to 15 percent by 2030.Related StoriesSinopec full steam ahead with shale gas revolutionYoung mother raises child and hope on shale gas fieldThe faces behind the production of shale gasChina shale gas output surges 50% in MarchShale gas technology to reduce pollution problemPhotoRobots, VR take spotlight at electronics expo in BeijingTop 10 global banksChinas largest robot expo amazes in ShanghaiShanghai father makes 100 dresses for daughterTop 5 places to get your Masters of Finance in ChinaBaidu chief takes spin in a self-driving carMost Viewed in 24 HoursState Council NewsExperts and entrepreneurs hail China’s economy in H1China’s economic development ‘steady’, Premier saysTop 10Top 10 global banksEditors picksSunac to buy Wanda projects for $9.3bCOSCO Shipping to buy OOIL for $6.3 billionChina DataThings you should know about 2017 Summer DavosQ&A With CEOSeed of successDedicated follower of fashionSpecial2017 Summer DavosChinas Q1 economic dataBACK TO THE TOPHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILECopyright 1995 -var oTime = new Date();
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