Shale gas development and challenges in China

摘要

China has abundant shale gas resources and the basic geological conditions to accelerate shale gas development, but shale gas cannot become a major energy source for China in the near future because its exploration and production are still in their infancy. However, as long as the country understands its shale gas resource base objectively, goes forward step by step, makes technical breakthroughs, improves exploration right management and environmental supervision, and accelerates the construction of a national gas pipeline network while establishing third-party access to the pipelines, China's shale gas industry will make remarkable progress and see great momentum in the coming five to 10 years. Shale gas will become an important source of China's future natural gas supplies in the long term, making a significant contribution towards improving the energy mix and ensuring the country's energy security and environmental protection.