SHANGHAI--(BUSINESS WIRE)--With the unveiling of China’s 12th Five-year Plan and the preferential policies for unconventional gas, China’s unconventional natural gas market will be greatly benefited. Under the circumstances, the 5th Annual Asia Pacific Unconventional Gas Summit 2012 will be held by CBI China this coming April 9th to 10th in Taiyuan City of China’s Shanxi Province. This Summit is greatly supported by China United Coalbed Methane Corporation, Malaysia Gas Association, Mongolia Coal Association, Mongolian National Mining Association and Vietnam Gas Association.
In future, China will lend more support to the development of the CBM industry in terms of legislation, investment and subsidy. According to the 12th Five-year Plan for CBM development and utilization, China’s capability of CBM exploration, development, extraction and utilization will be largely improved. According to China’s Ministry of Land and Resources (MLR), with the approval of the State Council, China will finish survey and evaluation on its shale gas resource potential by 2015. MLR has also recognized shale gas as an independent mineral resource, which will encourage large-scale development of this resource in China. The 12th Five-year Plan for shale gas development will mark the start-up of China’s shale gas industry.
This year, the 5th Annual Asia Pacific Unconventional Gas Summit will continue to focus on the Asia Pacific market. Policies of Asian governments on unconventional gas development, progress of ongoing projects and the latest technologies and their applications will be discussed at this event. The conference will also serve as a platform for international communication.
100+ leading enterprises in the industry will gather to share their precious experiences and advanced technologies, as well as discuss the brand new pattern of the unconventional gas industry. Relying on the substantial support of China United Coalbed Methane Corporation and the association, this Summit will surely become the most authoritative and professional high level international communications platform of the industry.
More details, please visit the website: http://augs.cbichina.com