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velopment of this resource has great strategic significance for China, as it could help narrow the growing energy supply and demand gap, while reducing environmental pollution in the country.?According to the US Energy Information Administration, overall natural gas consumption in China is projected to grow at an average annual rate of 7.8 per cent, from 1.2 trillion cubic feet in 2002 to 6.5 trillion cubic feet in 2025 ?jump of more than 500 percent. Every available method, including CBM development will be necessary to help meet that forecast. The Xinhua news agency announced in March 2002 it was partnering with a Canadian executive agency help develop Chinas CBM resources. The Canadian group included the Canada Alberta Research Council, the Canada Computer Modeling Group Ltd, and Sproule International. The project aimed to effectively exploit the coal bed methane gas using Canadas advanced technology. The 19th CBM concession awarded by China United Coalbed Methane Co (CUCMB) was announced in March 2004 through a news release issued by the Embassy of the Peoples Republic of China in New York. The 150.8 square kilometer CMB concession had estimated gas reserves of 30 billion cubic meters. What was noteworthy was this mention far down in the press release, According to the contract signed with CUCBM, Sino-American Energy, which specializes in the exploration, development and production of coalbed methane resources, will introduce its advanced horizontal well technolog 上一页 [1] [2] [3] [4] [5] 下一页 |