国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

US EUROPE AFRICA ASIA 中文
Business / Industries

BP highlights China's surging shale gas production

(Xinhua) Updated: 2015-04-29 10:31

BEIJING - China will become the world's second-largest shale gas producer by 2035, behind only North America, a report by energy giant British Petroleum (BP) predicted on Tuesday.

From 2025 to 2035, China's shale gas output will grow by an average of 33 percent every year. By 2035, China and the United States will provide some 85 percent of global shale gas output, according to the report.

BP's group chief economist Spencer Dale attributed the explosive growth to China's rich shale gas resources, government policy support to exploration, and China's current achievements in shale gas development.

Exploration of shale gas, an unconventional source of natural gas, has gathered pace in China as the government promotes the use of clean energy, but high exploration costs and sophisticated technological requirements have substantially restrained the sector's growth.

Whether China can bring in more private capital to the industry is the key for future development, Dale said.

The report also forecast that China will overtake the United States as the largest oil consumer around 2030.

By 2035, China's dependence rates on imports of oil and natural gas will rise to 75 percent and 40 percent, from the current 60 percent and 30 percent, respectively, making China the world's biggest energy importer, according to the report.

The share of coal in China's energy mix will fall to 51 percent from the current 68 percent by 2035. Natural gas will take up 12 percent and oil 18 percent, said the report.

Hot Topics

Editor's Picks
...