Investigations on the Development Trends and Prospects of China Shale Gas Resources

doi:10.12972/ksmer.2015.52.2.251

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2015 Vol.52, Issue 2 Preview Page Next Page

Review

Investigations on the Development Trends and Prospects of China Shale Gas Resources 중국 셰일가스 개발 동향 및 전망 분석: 신창훈 · 이채영 · 윤준일 · 김정균 · 이성민
Changhoon Shin, Chaeyoung Lee, Junil Yoon, Junggyun Kim and Seongmin Lee

30 April 2015. pp. 251-262

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Abstract

China having the world largest shale gas resources has been doing great efforts to promote domesticshale gas industry and relevant technologies. Development of China shale gas could have various and significantinfluences on Korea, which has crucial relationships with China in terms of not only geopolitical factors but alsoindustrial aspects. In this study, Chinese current and past situations of shale gas industry, and technology anddevelopment trends were widely surveyed, and the future potential of shale gas industry was also investigated.Especially, relevant activities of domestic companies including Chinese NOCs and IOCs working in China havebeen scrutinized as being based on the Chinese national policies. As a result, it is summarized that the futuregrowth of Chinese shale gas industry seems to be bright, otherwise it is also noted that various obstacles existsimultaneously. Then, it is concluded that the commercial expansion of Chinese shale development would requirelonger approaches.

Keywords

China shale gas

Chinese shale gas policy

Chinese shale gas industry

최근 중국은 세계 최대의 자국 내 셰일가스 자원량을 바탕으로, 자국의 셰일가스 개발 산업의 육성과기술 개발에 큰 노력을 기울이고 있는 것으로 알려져 있다. 중국의 셰일자원 개발은 지정학적 관점은 물론 산업적, 국가경쟁력 측면에서, 가장 인접한 국가인 우리에게는 중대하고 다양한 영향을 미칠 수 있다. 이에, 본 연구에서는 과거와 현재의 중국 셰일가스전의 개발 이력, 기술개발 등의 산업적 동향을 조사하고, 이를 바탕으로 향후중국 셰일가스 산업의 발전 가능성을 분석하고자 시도하였다. 특히, 중국정부의 관련 주요정책, 국영기업을 중심으로 한 자국기업의 활동 및 세계 메이저 석유기업들의 중국시장 동향에 중점을 두어 면밀히 조사, 분석하였으며, 이를 통해 향후 우리기업의 중국 셰일자원 개발사업 진출과 참여에 도움을 주고자 하였다. 결과적으로, 중국의 셰일가스 개발 가능성과 발전 전망은 긍정적인 것으로 분석되었으나 상대적으로 상당한 장애 요소들도 공존하고 있어, 미국과 같은 셰일산업의 상업적 발전과 부흥은 장기적 관점에서 조망하는 것이 적절한 것으로 검토되었다.

키워드

중국 셰일가스

중국 셰일가스 정책

중국 셰일가스 산업

References

Ahn, Y.H., 2012, Shale Gas Development Cases of China and Implications for Korea, China’s Financial Market Focus, KCMI.
Dong, X., 2014, “The Development Situation Analysis and Outlook of Chinese Shale Gas Industry,” 3rd International Shale Gas Conference, EMRD, Seoul, Korea, Sep 16-17, pp. 37-51.
Ella, C., 2013, “Shale Gas in China-Development and Challenges,” http://blogs.law.harvard.edu.
Global Energy Cooperation Center, 2012, “The Trends of Global Shale Gas Development - The Trends and Prospects of Shale Gas in Leading Countries,” Daily energy market trend report, MOFA.
Global Energy Cooperation Center, 2014a, “China’s Current Situation and Policy of Energy/ Resources,” Current Situation and Policy of Energy/resources, MOFA.
Global Energy Cooperation Center, 2014b, “United States of America,” The Current Situation and Policy of Energy Resources, MOFA.
Guo, J.C. and Zhao, Z.C., 2012 “China Vigorously Promoting Shale Gas Exploration,” Development, Oil & Gas Journal, www.ogj.com.
Ha, T.H., 2014, “Change of energy policy and implication in U.S.,” VIP REPORT, Hyundai Research Institute, Vol. 14, No. 29, pp. 1-16.
International Energy Agency, 2011, “Are We Entering A Golden Age of Gas?,” World Energy Outlook.
Jinzhou, Z., Hai, Y., Yongming, L. and Tao, L., 2014, “China Accelerates Shale Gas Development,” Oil & Gas Journal, www.ogj.com.
Jones, D., 2012, US, China to Discuss Shale Gas During Bilateral Talks, Wall Street Journal, www.wsj.com.
Joo, Y.G., 2012, “China Starts Full-Scale Shale Gas Development,” POSRI Report, POSRI.
Judy, H. and Chen, A., 2014, Sinopec’s Fuling Verified as China’s First Large Shale Gas Play, REUTERS.
Kaixi, H., 2014, CNPC Plans Spending to Hasten Shale Gas Production in Sichuan, http://english.caixin.com.
Kang, S.Y., 2012, “The Trends of the Development and Problems of Shale Gas in China,” Overseas Economic Information System, KEXIM Overseas Economic Research Institute.
Kim, Y.G., 2013, Xi Jinping Administration’s Direction of Shale Gas Policy in China, Gnetimes, www.gnetimes.co.kr.
KITA, 2014, Sinopec’s Trends of Shale Gas Development in China, www.kita.net.
Larson, C., 2014, “China’s Huge Shale-Gas Hopes Crash into Mountainous Reality,” www.bleemberg.com.
Lee, G.H., Kang, B.G. and Lee, S.E., 2012, “The trends of development and implications of shale gas in leading countries,” World Economy Update, KIEP, Vol. 12, No. 11, pp. 1-21.
Lee, H.J., 2014, The Current Situation and Implications of Shale Gas in China, World Energy Market Insight, KEEI.
Lee, Y.E., 2014, Right Time for Market Access to Chinese Shale Gas Development, www.e2news.com.
Shell, 2012, “CNPC and Shell Sign First Shale Gas Production Sharing Contract in China,” www.shell.com
Shin, C.H., Lee, S.M., Kwon, S.I., Park, D.J. and Lee, Y.S., 2012a, “A Classification and a Survey on the Core Technology for Shale Gas Development,” The Journal of Korean Society for Geosystem Engineering, Vol. 49, No. 3, pp. 395-410.
Shin, C.H., Lee, Y.S., Lee, J.H., Jang, H.C. and Baek, Y.S., 2012b, “Global Distribution of Shale Gas and its Industrial Trend,” The Journal of Korean Society for Geosystem Engineering, Vol. 49, No. 4, pp. 571-589.
Sinopec, 2014a, “China’s First Large-scale Shale Gas Field Enters into Commercial Production Ahead of Schedule,” Brunswick Group Limited, Sinopec.
Sinopec, 2014b, “The Development of Shale Gas and The Current Extent of Cooperation,” 中韓第三國能源合作硏過會, Beijing, China, Dec 15-16, pp.1-11.
Swint, B., 2012, “Shell Signs First Chinese Shale Gas Production Deal With CNPC,” Bloomberg, www.bloomberg.com.
U.S. Energy Information Administration, 2014, “China- Analysis,” pp. 18, www.eia.gov.
Vello, A.K. and Arlington, V.A., 2013, “EIA/ARI World Shale Gas and Shale oil Resource Assessment,” Advanced Resources International, INC.
Wang, X., XGas and Wang, T.J., Xi’an Petroleum University, 2011, “The Shale Gas Potential of China,” Society of Petroleum Engineers, SPE 142304.
Wikipedia, 2015, “China,” http://en.wikipedia.org.
Yoo, Y.S., 2013, “Shale Gas, Breakthrough of Overcome for Low Growth,” Issue & Analysis, Gyeonggi Research Institute, No.88.
Zhao, X. and Kang, J., 2013, “Focus on the Development of Shale Gas in China-Based on SWOT Analysis,” Renewable and Sustainable Energy Rewiew, Vol. 21, pp. 603-613.

Information

Publisher :The Korean Society of Mineral and Energy Resources Engineers
Publisher(Ko) :한국자원공학회
Journal Title :Journal of the Korean Society of Mineral and Energy Resources Engineers
Journal Title(Ko) :한국자원공학회지
Volume : 52
No :2
Pages :251-262
DOI :https://doi.org/10.12972/ksmer.2015.52.2.251

[1] Ahn, Y.H., 2012, Shale Gas Development Cases of China and Implications for Korea, China’s Financial Market Focus, KCMI.

[2] Dong, X., 2014, “The Development Situation Analysis and Outlook of Chinese Shale Gas Industry,” 3rd International Shale Gas Conference, EMRD, Seoul, Korea, Sep 16-17, pp. 37-51.

[3] Ella, C., 2013, “Shale Gas in China-Development and Challenges,” http://blogs.law.harvard.edu.

[4] Global Energy Cooperation Center, 2012, “The Trends of Global Shale Gas Development - The Trends and Prospects of Shale Gas in Leading Countries,” Daily energy market trend report, MOFA.

[5] Global Energy Cooperation Center, 2014a, “China’s Current Situation and Policy of Energy/ Resources,” Current Situation and Policy of Energy/resources, MOFA.

[6] Global Energy Cooperation Center, 2014b, “United States of America,” The Current Situation and Policy of Energy Resources, MOFA.

[7] Guo, J.C. and Zhao, Z.C., 2012 “China Vigorously Promoting Shale Gas Exploration,” Development, Oil & Gas Journal, www.ogj.com.

[8] Ha, T.H., 2014, “Change of energy policy and implication in U.S.,” VIP REPORT, Hyundai Research Institute, Vol. 14, No. 29, pp. 1-16.

[9] International Energy Agency, 2011, “Are We Entering A Golden Age of Gas?,” World Energy Outlook.

[10] Jinzhou, Z., Hai, Y., Yongming, L. and Tao, L., 2014, “China Accelerates Shale Gas Development,” Oil & Gas Journal, www.ogj.com.

[11] Jones, D., 2012, US, China to Discuss Shale Gas During Bilateral Talks, Wall Street Journal, www.wsj.com.

[12] Joo, Y.G., 2012, “China Starts Full-Scale Shale Gas Development,” POSRI Report, POSRI.

[13] Judy, H. and Chen, A., 2014, Sinopec’s Fuling Verified as China’s First Large Shale Gas Play, REUTERS.

[14] Kaixi, H., 2014, CNPC Plans Spending to Hasten Shale Gas Production in Sichuan, http://english.caixin.com.

[15] Kang, S.Y., 2012, “The Trends of the Development and Problems of Shale Gas in China,” Overseas Economic Information System, KEXIM Overseas Economic Research Institute.

[16] Kim, Y.G., 2013, Xi Jinping Administration’s Direction of Shale Gas Policy in China, Gnetimes, www.gnetimes.co.kr.

[17] KITA, 2014, Sinopec’s Trends of Shale Gas Development in China, www.kita.net.

[18] Larson, C., 2014, “China’s Huge Shale-Gas Hopes Crash into Mountainous Reality,” www.bleemberg.com.

[19] Lee, G.H., Kang, B.G. and Lee, S.E., 2012, “The trends of development and implications of shale gas in leading countries,” World Economy Update, KIEP, Vol. 12, No. 11, pp. 1-21.

[20] Lee, H.J., 2014, The Current Situation and Implications of Shale Gas in China, World Energy Market Insight, KEEI.

[21] Lee, Y.E., 2014, Right Time for Market Access to Chinese Shale Gas Development, www.e2news.com.

[22] Shell, 2012, “CNPC and Shell Sign First Shale Gas Production Sharing Contract in China,” www.shell.com

[23] Shin, C.H., Lee, S.M., Kwon, S.I., Park, D.J. and Lee, Y.S., 2012a, “A Classification and a Survey on the Core Technology for Shale Gas Development,” The Journal of Korean Society for Geosystem Engineering, Vol. 49, No. 3, pp. 395-410.

[24] Shin, C.H., Lee, Y.S., Lee, J.H., Jang, H.C. and Baek, Y.S., 2012b, “Global Distribution of Shale Gas and its Industrial Trend,” The Journal of Korean Society for Geosystem Engineering, Vol. 49, No. 4, pp. 571-589.

[25] Sinopec, 2014a, “China’s First Large-scale Shale Gas Field Enters into Commercial Production Ahead of Schedule,” Brunswick Group Limited, Sinopec.

[26] Sinopec, 2014b, “The Development of Shale Gas and The Current Extent of Cooperation,” 中韓第三國能源合作硏過會, Beijing, China, Dec 15-16, pp.1-11.

[27] Swint, B., 2012, “Shell Signs First Chinese Shale Gas Production Deal With CNPC,” Bloomberg, www.bloomberg.com.

[28] U.S. Energy Information Administration, 2014, “China- Analysis,” pp. 18, www.eia.gov.

[29] Vello, A.K. and Arlington, V.A., 2013, “EIA/ARI World Shale Gas and Shale oil Resource Assessment,” Advanced Resources International, INC.

[30] Wang, X., XGas and Wang, T.J., Xi’an Petroleum University, 2011, “The Shale Gas Potential of China,” Society of Petroleum Engineers, SPE 142304.

[31] Wikipedia, 2015, “China,” http://en.wikipedia.org.

[32] Yoo, Y.S., 2013, “Shale Gas, Breakthrough of Overcome for Low Growth,” Issue & Analysis, Gyeonggi Research Institute, No.88.

[33] Zhao, X. and Kang, J., 2013, “Focus on the Development of Shale Gas in China-Based on SWOT Analysis,” Renewable and Sustainable Energy Rewiew, Vol. 21, pp. 603-613.

Journal of the Korean Society of Mineral and Energy Resources Engineers ISSN:2288-0291(Print) 2288-2790(Online) 한국자원공학회지

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