China looks ahead to a robust natural gas endowment

Jie Zhu China University of Geosciences Chenglin Liu Chinese Academy of Geological Science Hulin Yang Daoyong Zhang Strategic Research Center for Oil & Gas Resources Ministry of Land of Resources Beijing Natural gas plays an important role in China's economic development and energy structure. Proved reserves exceed 600 billion cu m/year (bcm/year), and production has topped 100 bcm/year, ranking China's output the 7th highest in the world.1 After China's National Petroleum Assessment 2007 (CNPA 2007), a reassessment of Bohai Bay, Ordos, and Sichuan basins showed China's gas production could triple by 2030. Sources for this rapid increase of supply also include coalbed methane, shale g...

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