Abstract The Energy Development Strategic Action Plan (2014-2020) issued by the State Council recently proposed to focus on breakthroughs in shale gas and coalbed methane development. By 2020, shale gas production will strive to exceed 30 billion cubic meters. The agency predicts that before 2020, China...
The Energy Development Strategic Action Plan (2014-2020) issued by the State Council recently proposed to focus on breakthroughs in shale gas and coalbed methane development. By 2020, shale gas production will strive for more than 30 billion cubic meters. The agency predicts that by 2020, China's shale gas equipment will be invested by about 200 billion yuan, with an average annual demand of nearly 22 billion yuan. In the next few years, China's shale gas equipment demand will grow at an average annual rate of around 50%.
The market's good expectations for shale gas development have led to the shale gas resources in Sichuan, Chongqing, Shandong and other provinces and cities with energy and equipment manufacturing bases, and plans to build a large-scale shale gas equipment manufacturing base.
Not long ago, Chengdu Xindu District Government and Shenzhen Chiwan Petroleum Base Co., Ltd. officially signed a contract to invest 3.6 billion yuan to build Chengdu International Oil and Gas Base Project in Xindu Industrial East. The shale gas equipment manufacturing industry is the core of this international oil and gas base covering an area of ​​about 1,000 acres.
The reporter learned that while Sichuan is vigorously deploying shale gas equipment manufacturing industry, Chongqing, which is adjacent to Sichuan, has also been working for a long time.
As early as June 2013, Chongqing Liangjiang New District signed an investment agreement with Luda Group, Baiqin Holding Company and SDIC Chongqing Shale Gas Development and Utilization Company to invest 6 billion yuan to build shale gas equipment manufacturing project. At the same time, it also signed a cooperation framework agreement with Forbes Energy Group to carry out strategic cooperation in shale gas development technology, key equipment manufacturing, financing and market development.
Cheng Lijun, director of the Institute of Shale Gas Research of Chongqing Institute of Geology and Mineral Resources, said that “Chongqing has introduced policies to promote the manufacture of shale gas equipment, build a shale gas equipment industry cluster, and achieve localized production of supporting equipmentâ€.
At the same time as the Sichuan-Chongqing competition, Shandong Province, thousands of miles away, also joined the battle. Its ambition in the field of shale gas equipment manufacturing has even surpassed Sichuan and Chongqing. “Shandong will integrate resources to build the country's largest shale gas equipment manufacturing base.†Li Yingfeng, director of the Equipment Industry Department of Shandong Provincial Economic and Information Commission, revealed that the revenue of Shandong shale gas equipment manufacturing industry will reach 20 billion yuan in 2015, and will be 2020. It has reached 50 billion yuan.
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