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

chinadaily.com.cn
left corner left corner
China Daily Website

Shale gas to spark equipment boom

Updated: 2013-03-20 00:09
By DU JUAN ( China Daily)

Shale gas to spark equipment boom

A visitor at the China International Petroleum and Petrochemical Technology and Equipment Exhibition, which opened in Beijing on Tuesday. About 1,500 companies from 62 countries and regions are displaying their technologies and equipment at the show. [WANG JING / CHINA DAILY]

 

China's shale gas development will bring business opportunities to the related equipment manufacturing industry with a market value of about 3 billion yuan ($477 million) this year, a 33 percent growth compared with last year, industrial insiders said.

The second round of tenders for China's shale gas blocks was held last year, leading to increasing demand for fracturing equipment in the second half of this year, said Zhang Guoyou, general manager of the domestic sales department of SJ Petroleum Machinery Co under State-owned Sinopec Group, the country's largest oil and gas refiner.

According to China's 12th Five-Year Plan (2011-15) on energy industry, the country will realize large-scale commercialized production of shale gas by 2015.

To meet the target of 6.5 million cubic meters of production capacity by 2015, China is accelerating its pace in surveying and exploring the unconventional energy source. Experts said the main obstacle is the technology barrier during exploration.

However, equipment manufacturing companies have achieved some progress.

Zhang said the company will invest 1.1 billion yuan on research for shale gas exploration equipment during the 12th Five-Year Plan.

The company has sold 20 fracturing equipment units, and four units were ordered and will be delivered over the next two months, Zhang said.

Fracturing equipment is the core machine for shale gas exploration, accounting for more than 65 percent of all equipment needed for its production.

Having more shale gas reserves than the United States, China has created a huge market for the related equipment manufacturing industry, said Jiang Xiaobao, vice-president of Yantai Jereh Oilfield Services Group Co, a private oil and gas services company, which owns about half of the domestic shale gas equipment market share.

The US has an annual demand for fracturing equipment of about 800 units for the shale gas industry, which means China will have a similar demand if it wants to develop to the same scale as the US, Jiang said.

China bought 200 units of fracturing equipment in 2012, twice the amount in 2011. Demand will definitely soar this year, Jiang said.

"China has very different shale exploration conditions compared with the US, which requires that the equipment can be operated in mountain areas with a bad geological environment," Jiang said. "We are developing such equipment that fits China."

Related Readings

Shale gas sector in 'urgent need of technology boost'

Chinese firms to invest $2b in shale gas prospection

China plans more shale gas tenders

Pros and cons of shale gas for China

Shale gas development faces obstacles

Previous Page 1 2 Next Page

 
...
沙河市| 红桥区| 五台县| 赣州市| 南丰县| 朝阳县| 石柱| 错那县| 罗平县| 乐陵市| 金湖县| 内丘县| 全州县| 海宁市| 同心县| 枣阳市| 准格尔旗| 翁牛特旗| 平罗县| 中牟县| 临城县| 鄢陵县| 健康| 仙桃市| 武强县| 安化县| 阿拉善盟| 巧家县| 河曲县| 连州市| 大兴区| 霞浦县| 眉山市| 唐山市| 肥东县| 乡城县| 青河县| 石台县| 江永县| 仲巴县| 嘉义县|