Home / News Type Content Tools: Save | Print | E-mail | Most Read | Comment
Large-scale Methane Resources Exploitation Begins
Adjust font size:

A 100-million-cubic-meter coalbed methane exploitation project has been completed in north China's Shanxi Province, marking the country has finally began to make use of the gas on an unprecedented scale.

 

Located in the southern part of the Qinshui Basin, Jincheng City of Shanxi Province, the gas exploitation project is the largest of its kind in China, with a verified gas deposit of 40.2 billion cubic meters and an annual production of 100 million cubic meters.

 

At a price of 1.1 yuan (US$0.136) per cubic meter, the project's yearly output is expected to be worth 110 million yuan (US$13.6 million), said Sun Maoyuan, general manager of China United Coalbed Methane Corp. Ltd, the investor of the project.

 

The company has pumped 360 million yuan (US$44.4 million) into the project.

 

The first phase is capable of churning out 80,000 cubic meters natural gas daily, which will be supplied to gas companies and power grids, said Sun.

 

Shanxi Province boasts an abundance of coal resources. It is also China's largest reserve base of coalbed methane. The estimated methane deposit is about one trillion cubic meters, or one third of the country's total.

 

Experts said the methane could be burned for 6,682 years by one million households, or be turned into 22 trillion kwh's electricity.

 

"Coalbed methane is a valuable asset of Shanxi, which should not be lying there underground uselessly," said Yu Youjun, the acting governor of the province.

 

However, the methane, or more commonly known as natural gas, could also be extremely hazardous.

 

In 2004, China's coal mines produced 14 billion cubic meters of gas, a number experts say that it will increase to 17 billion cubic meters in 2020.

 

Notably, 80 percent of the casualties in coal mine accidents could be attributed to their deaths to gas explosions, which cause direct loss of 750 million yuan (US$92.6 million) a year.

 

"The proper use of the gas is meaningful in the sense of environmental protection, work safety control, and profit generation," said Yu.

 

In recent years, the province has been vigorously bringing in foreign capital to tap the gas resources. It has kicked off an exploitation program with two billion yuan (US$247 million) in foreign loans.

 

The Asia Development Bank has vowed to provide over US$1 billion in loans under favorable conditions to assist the province's endeavor in the next 10 years.

 

Another massive methane exploitation project with an installed capacity of 720 million cubic meters is also under construction in Shouyang County. By 2008, the gas will be sent to Beijing, Shanghai and other major cities through the west-east gas transmission routes, said sources with the provincial government.

 

China is the third largest coalbed methane reserve country in the world, only next to Russia and Canada. The latest evaluation shows that China has 31.46 trillion cubic meters coalbed methane lying above a 2,000-meter depth, 60 percent of which is suitable for exploitation.

 

China's methane resources are distributed in 24 provinces, with Shanxi Province and Xinjiang Uygur Autonomous Region accounting for more than half of the country's total reserve.

 

(Xinhua News Agency December 3, 2005)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- China to Introduce Canadian Methane Technology
- China, US Jointly Exploit Coalbed Methane
- Greater Investment for Coal Mine Safety
- Methane Pits Kindle Sanitary Revolution in Rural Areas
- Methane Gas Development Eyed
- Gov't Working on Policy to Encourage Coal Bed Methane Use
Most Viewed >>
- World's longest sea-spanning bridge to open
- Yao out for season with stress fracture in left foot
- 141 seriously polluting products blacklisted
- China starts excavation for world's first 3G nuclear plant
- Irresponsible remarks on Hu Jia case opposed 
- 'The China Riddle'
- China, US agree to step up constructive,cooperative relations
- FIT World Congress: translators on track
- Christianity popular in Tang Dynasty
- Factory fire kills 15, injures 3 in Shenzhen

Product Directory
China Search
Country Search
Hot Buys
主站蜘蛛池模板: 久久久久成人精品一区二区| 免费A级毛片无码视频| 一区二区三区内射美女毛片| 最近2019免费中文字幕视频三| 亚洲综合精品香蕉久久网| 老司机67194精品线观看| 国产成人精品综合久久久| 91欧美精品激情在线观看最新| 巨大破瓜肉h强| 久久久久久久蜜桃| 最近完整中文字幕2019电影| 亚洲精品在线免费观看| 丁香婷婷亚洲六月综合色| 最近中文字幕mv免费视频| 亚洲狠狠婷婷综合久久久久 | 97久久精品人妻人人搡人人玩| 怡红院av一区二区三区| 久久久无码精品亚洲日韩按摩 | 四虎成人永久地址| 高跟丝袜美女一级毛片| 国产精品久久久久乳精品爆| 99福利在线观看| 婷婷国产成人精品视频| 国产精品区免费视频| www成人免费视频| 怡红院免费全部视频在线视频 | 精品1州区2区3区4区产品乱码| 午夜精品福利视频| 美女视频黄频a免费| 国产97人人超碰caoprom| 色综合天天综合网站中国| 国产免费怕怕免费视频观看| 黄a级网站在线观看| 国产成人精品一区二区三区| 成人禁在线观看| 国产成人精品日本亚洲专区6| 五月天综合视频| 国产精品99久久久精品无码| 2022福利视频| 国产激情在线观看| 免费在线观看h片|