DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/076c5f/chinas_natural_ga) has announced the addition of the "China's Natural Gas and Coalbed Methane Industry Report, 2011" report to their offering.
In 2010, the output of natural gas grew steadily in China, and the volume of natural gas and liquefied natural gas (LNG) imported from Central Asia continued to increase, as a result, the resource supply increased substantially. The gas demand kept rapid growth, the consumer market was further expanded, and except for the tight natural gas supply in some regions in winter, the overall supply and demand remained stable. According to BP, China's output of natural gas reached 96.8 billion cubic meters in 2010, up 13.5% YoY; the consumption of natural gas in China exceeded 100 billion cubic meters for the first time, up 21.8% YoY.
In the same year, unconventional natural gas projects in China made progress to some extent, e.g., some coalbed methane (CBM) projects entered into operation, while shale gas ones started initial exploration and exploitation.
In the field of coalbed methane, China ranks third globally with reserves of about 36.8 trillion cubic meters, one third of which is distributed in Shanxi Province. Currently, there are many companies engaged in coalbed methane business in China.
Read more inside China's Natural Gas and Coalbed Methane Industry Report, 2011
Companies Mentioned:
- China National Petroleum Corporation
- China Petroleum and Chemical Corporation
- CNOOC Limited
- Sino Union Energy Investment Group Limited
- MIE Holding Corporation
- New Times Energy Corporation Limited
- United Energy Group Limited
- Shenergy Company Limited
- Sino Oil and Gas Holdings Limited
- China CBM Group Limited
- Xinjiang Zhundong Petroleum Technology Co., Ltd.
- Enviro Energy International Holdings Limited
- Sichuan Tianyi Science and Technology Co., Ltd.
- ZhongYu Gas Holdings Limited
- LandOcean Energy Services Co., Ltd.
- China United Coalbed Methane Co., Ltd.
- Green Dragon Gas Ltd.
- Jincheng Anthracite Mining Group
- New Smart Energy Group Ltd.
- Liaoning Chengda Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/076c5f/chinas_natural_ga