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Shale gas produced in Asia, contributed to non-preferred - shale gas, Asia - chemical industry

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HC Chemical Network Telecommunications in recent years, Natural gas The new members of the family shale gas in North America booming. Last year in December, the world's most conservative Energy One giant ExxonMobil, with 41 billion U.S. dollars acquisition of the largest U.S. shale gas producer XTO Energy. Remove with a lot of hype this event-related reports, this acquisition shows that shale gas that had been classified as "unconventional" energy has finally started to become major energy companies in the normal course of business. Moreover, the United States last year to replace Russia as the world's largest natural gas producer, which contributed to produce shale gas.

But has been only major Western Oil Shale gas development in making particular mention. Today, the increasing demand for energy in Asia, many companies have begun to eager to want to participate in the chase on shale gas in full swing to.

2009, China's major companies to act quickly: in November, China National Petroleum Corporation and Shell Oil reached a joint development agreement in Sichuan shale gas; news earlier this year again, the Chinese oil Chemical industry Group working on Cooperation Shale gas exploration company commenced negotiations with BP. The other major energy consumers in Asia India attached great importance to the development of shale air. In mid-March this year, the U.S. media, the Indian energy giant Reliance Industries, the Group intends to invest in the United States three shale gas projects and plans with the United States Atlas Energy Ltd. (AtlasEnergy) joint venture, cooperative development which has of Marcellus (Marcellus) Shale gas project.

Fact a few years ago, many Asian countries, shale gas exploitation is almost a "mission impossible." But now, with some Western oil and gas giant shale gas to enter the Asian market, many of the problems seem to be solved. But the fact that, for Asia, to make shale gas as primary fuel future there are still many obstacles. Although many Asian countries with large reserves of shale gas, but the lack of relatively open markets, and the corresponding mining technology.

The United States and European countries, and vigorously promote the development of shale gas emissions can also help these countries out of dependence on Russian gas. Asia, the reduction of course will help, but on the other hand should be out of reliance on coal. Such as India, due to extreme shortage of fuel for electricity generation is relatively clean, it hopes to benefit from shale gas development.

But had the advantage of unconventional natural gas lies in low costs. Many countries in Asia, shale gas is not the most inexpensive option, other types of gas may be more appropriate. In India, China and Indonesia, are very rich in coal reserves, so the development of coalbed methane and gas density but to a better future. Such as methane, the gas layer is usually relatively shallow, so the cost of mining also lower than the shale gas. Moreover, the exploitation of shale gas is "water intensive" great demand for water, which for the past few months are suffering severe drought in China and India is undoubtedly a great challenge. In addition, there is shale gas exploitation risk of pollution. U.S. shale gas exploitation has been a lot of pressure to bear, developers often use the hydraulic fracturing method to ban shale gas exploration.

Regulation on natural gas prices is an important issue. U.S. analyst Shiya Se? Berman that shale gas production break-even price per million British thermal units of eight U.S. dollars. Another analyst, Ross Smith, the U.S. Energy Consulting ManujNikhanj is said to be 6 dollars. In the U.S., because the current low natural gas prices, manufacturers have begun using hedging methods to prevent price fluctuations. However, the method is not suitable for hedging Asian countries, such as in India, the regulation of natural gas price per million British thermal units of 2.5 U.S. dollars to 3.5 U.S. dollars.

Shale gas development in Asia want to catch up with the industry pioneer in the United States, now there seems no small distance.

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