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2016 | OriginalPaper | Buchkapitel

Shale Development and China

verfasst von : Haitao Guo, Yongsheng Wang, Zhongmin Wang

Erschienen in: The Global Impact of Unconventional Shale Gas Development

Verlag: Springer International Publishing

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Abstract

China is currently the only Asian country producing shale gas commercially. Shale development in China faces both opportunities and challenges. Natural gas accounts for a small percentage of China’s energy consumption, but the vast shale gas reserve in China provides great potential for development. The lower emissions of natural gas compared to other fossil fuels present China with much needed environmental benefits. However, technological difficulties due to geological formations, water shortage, and monopolistic nature of China’s oil and gas industry tempered the incentive to invest. Market reforms and technological advancements could speed up the development of shale in China.

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Titel: Shale Development and China
verfasst von: Haitao Guo
Yongsheng Wang
Zhongmin Wang
Verlag: Springer International Publishing
Buch: The Global Impact of Unconventional Shale Gas Development
Print ISBN: 978-3-319-31678-9

Electronic ISBN: 978-3-319-31680-2

Copyright-Jahr: 2016
DOI: https://doi.org/10.1007/978-3-319-31680-2_6

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