Oil & Gas Geology ›› 2005, Vol. 26 ›› Issue (2): 163-167.doi: 10.11743/ogg20050205

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Two aspects of natural gas resources in China and their development strategy

Zhang Kang   

  1. Exploration and Production Research Institute, SINOPEC, Beijing
  • Received:2005-01-09 Online:2005-04-25 Published:2012-01-16

Abstract:

Natural gas industry in China has entered a fast-developing stage, and China will soon become a large gas producer. However, the abundance of natural gas resources in China is relatively low, thus large amount of natural gas still need to be imported in the future. Our gas industry is faced with some "quality"problems. Gas fields in China are generally characterized by relatively small reserves, low abundance, low individual-well productivity and rapid decline of production. In addition, the foundation of our gas industry is weak and most of the gas fields are far from the economically developed areas, which need building very long pipelines for transportation. Thus both wellhead price and transportation cost are high, resulting in a relatively high end-user price, which would influence its competitive capacity in the energy market. Therefore, when formulating development strategy of our gas industry, study of integrated development should be strengthened, and importance should be attached to progressive development while exploring the low-grade gas resources, to comprehensive planning of the upstream and downstream sectors, to overall planning of pipe network construction, to adjustment of the distribution of industrial users, and to the development of LNG.

Key words: natural gas, reserves, production, quality, development strategy

CLC Number: