"Twelfth Five-year Plan" China will build two major coalbed methane bases

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China Drying Network News Recently, the National Energy Administration issued the "CBM Industry Policy" consultation draft (hereinafter referred to as "Policy") and proposed that during the "Twelfth Five Year Plan" period, the Qinshui Basin and the eastern margin of the Ordos Basin should be built into a coalbed methane industry. Base.

Will also build 3 to 5 new industrial bases

The "Policy" proposes to use 5 to 10 years to build 3 to 5 new industrial bases and encourage large-scale coal companies and oil and gas companies to set up specialized CBM companies. It also emphasizes the company's good financial status in terms of exploration qualifications. .

As early as 1996, China National Petroleum Corporation and China Coal Group held 50% of their shares to establish China United Coalbed Methane Co., Ltd., which specializes in foreign cooperation and development. This marks the beginning of China's CBM development. However, the development cost of CBM investment is high and the CBM development has not been greatly developed.

In 2011, the output of the Tushui CBM gas pipeline built by CNPC in the resource-enriched area was only 550 million square meters, which is far from its designed capacity of 3 billion square meters of pipeline transmission.

According to the “12th Five-Year Plan” development plan for coalbed methane previously disclosed, in 2015, domestic production of coalbed methane on the surface and downhole will reach 16 billion square meters and 14 billion cubic meters respectively.

Encourage Foreign Capital to Participate in Construction of Downstream Pipeline

The "Policy" also proposes that the National Energy Administration will make overall plans for central budget investment, support CBM development and utilization demonstration projects, research and development of key technologies and equipment, and build innovative capabilities. Financial institutions are encouraged to provide credit support and financial services for CBM projects in accordance with the principles of safety, compliance and autonomy.

At the same time, for the first time, it is proposed that overseas funds will be encouraged to participate in infrastructure construction such as the downstream coal pipeline network.

However, the subsidies for CBM development that were widely expected by the industry had not been mentioned before.

The overlap of coalbed methane and mineral rights developed in coal mines has plagued the development of coalbed methane. The "Policy" once again clarified that the coal prospects implemented "first gas recovery and later coal mining". The coal mining production area (within the scope of coal mining rights) implemented the "first extraction after mining" and "integration of coal mining and gas extraction."

Yang Jianhong, deputy director of the Oil and Gas Pipeline Research Institute of China Petroleum Planning Institute, said that the current mining rights problem has caused the CBM sector to be too fragmented, and it is difficult to form a scale in both development and downstream use. In the future, it should be combined to form a coal seam. gas.

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