国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Latest News

Local govts may get shale gas licensing mandate soon

By Du Juan (China Daily) Updated: 2014-07-18 07:17

According to Wang, the cost for one shale gas drilling well is at least 100 million yuan ($16 million), and the central government's subsidy is 0.4 yuan for each cubic meter of output.

"The subsidy policy is based on output which means a company takes high financial risk if it starts test-well drilling and doesn't achieve any output," she said.

Local govts may get shale gas licensing mandate soon

Local govts may get shale gas licensing mandate soon

The third round of bidding has been postponed twice. It was scheduled in late 2013 and 2014 spring afterwards.

The ministry had indicated that it would offer better blocks in the third round bidding, said Wang.

Reserves rise at Sinopec's Fuling block

The Ministry of Land and Resources said on Thursday that it certified 106.75 billion cubic meters of new proven geological reserves in the Fuling shale gas block in the southwestern municipality of Chongqing.

The move signifies the start of China's commercialized shale gas production, said China Petrochemical Corp (Sinopec Group) on its website.

Sinopec, the largest oil refiner in the country, is leading the shale gas industry in China.

As of June 30, Sinopec had produced 611 million cu m of shale gas from the Fuling block, according to the company.

In March, the company announced that the Fuling block would achieve output of more than 10 billion cu m by 2017.

Under China's 12th Five-Year Plan (2011-15) for the shale gas industry, the nation aims to reach total output of 6.5 billion cu m of shale gas annually by 2015.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
淅川县| 吉水县| 义马市| 辰溪县| 枣庄市| 登封市| 德清县| 邢台县| 铜川市| 蒙阴县| 中牟县| 广宗县| 武宣县| 卢湾区| 班戈县| 普定县| 蛟河市| 兴海县| 辉县市| 米泉市| 铜陵市| 景泰县| 博爱县| 东乡族自治县| 红桥区| 合江县| 射阳县| 剑河县| 通州市| 潮州市| 莫力| 宜州市| 班玛县| 尚义县| 海阳市| 华宁县| 页游| 长春市| 襄城县| 西昌市| 吐鲁番市|