Link

China adds incentives for domestic natural gas production as imports increase


  • Natural gas production has recently grown in China largely because of increased development in low-permeability formations in the form of tight gas, shale gas, and to a lesser extent, coalbed methane.
  • In June 2019, the Chinese government introduced a subsidy program that established new incentives for the production of natural gas from tight formations and extended existing subsidies for production from shale and coalbed methane resources.
  • Source: U.S. Energy Information Administration, based on China National Bureau of Statistics and IHS MarkitProduction of tight gas, shale gas, and coalbed methane collectively accounted for 41% of China's total domestic natural gas production in 2018.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit original link

https://nrgedge.net/article/1571879930-china-adds-...

ProductionsupplyConsumptionDemandInternationalnatural gasShaleChinaexportsImportsLNGmap

More items from huishan


EIA expects natural gas production and exports to continue increasing in most scenarios

According to projections published in the U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2020 (AEO2020), total dry natural gas production in the United States will continue to increase until 2050 in most of the AEO2020 cases, primarily to support growing U.S. exports of natur ...

Hui Shan


Posted 1 day agoLink > ProductionsupplyAEO +7

Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

Dry natural gas production in January 2020 averaged about 95.0 billion cubic feet per day (Bcf/d), according to IHS Markit data. IHS Markit also estimates that in January 2020 the United States saw the third-highest monthly U.S. natural gas production on record, down slightly from the previous tw ...

Hui Shan


Posted 4 days agoLink > supplyProductionsupply +8

Your Weekly Update: 10 -14 February 2020

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 7 days agoLink

Wrapping Up The Decade - Q419 Financials Of Oil Majors

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 9 days agoLink > BPShellTotal +4

SHORT-TERM ENERGY OUTLOOK

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 9 days agoLink > STEOEIArenewables +1
All posts from huishan