China oil news: where the road lead to ----the study of Chinese unconventional oil and gas development?

Author:YE MA    Source:ceep    Date:2015-03-29

Authors: Hong Cao; Lutao Zhao; Weixu Liu

  The editor's notes: the writers think that in the area of Chinese unconventional oil and gas development, we should fully absorb the experience of United States while adjusting measures with project development status according to local conditions at the same time.

  Oil and gas demand is increasingly in conflict with the supply in current China. In this context, the government proposes to advance the revolution in energy supply and demand, thus unconventional oil and gas exploration and development is increasingly valued by people. As a successful example of the development of non-conventional oil and gas, it is of great significance to learn the experience and lessons from the United States to planning and development of non-conventional oil and gas.

  
  Energy independence is the most important goals of the US’s the energy strategies, exploitation of unconventional oil and gas is important part of it. The successful development of unconventional oil and gas in the United States brings a wide range of beneficial effects which comes down to two main reasons: for the area of policy issues, the United States Government issued a series of legal measures to support development of unconventional oil and gas. Beside this , United States also benefited from the successful exploitation of unconventional oil and gas technology.
  The writers think that in the area of Chinese unconventional oil and gas development, we should fully absorb the experience of United States while adjusting measures with project development status according to local conditions at the same time.
 Investment should be focused on in terms of conventional oil and gas energy
 To keep the pace of going out
 To do our homework well before the development of macro-control and technical problems