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China petroleum enterprise association, said HuWenRui 18 unconventional natural gas resources in China is speeding up the development of dense gas has entered, scale development phase, the coalbed methane, shale gas utilization of natural gas hydrate is started, the research also strengthened gradually, in some areas has formed with the world’s advanced level of technology.

HuWenRui held in the 2nd China petroleum and petrochemical industry, China international BBS said unconventional natural gas resources is the amount of conventional gas 5.01 times. At present, China petroleum enterprise has initially formed unconventional natural gas resources exploration and development of the theory, technology and management experience and countermeasures, mode, and cooperate with international oil companies, in the density of gas development unconventional natural gas field has been developed with the world’s advanced level of technology.

Unconventional natural gas resources is not fully known, to not to mature technology and experience of the development of gas resources. Mainly include methane gas, dense, shale, gas hydrate etc. Relative to conventional gas resources, unconventional natural gas reserves, but the development more difficult.

HuWenRui said, when oil prices are stable in 60-80 dollars a barrel, unconventional natural gas resources between into conventional resource development has the economic feasibility. But the large-scale development in body remains to be mature and developed technology development way realization scale, intensive.

Global unconventional natural gas resources are very rich. The authorities estimate about unconventional natural gas resources of conventional gas resources, the conventional 4.56 times of oil and gas resources, including 1.65 proportion of natural gas hydrate.

“High carbon energy using the concept of” low carbonization since this year, make domestic large coal enterprise into a new upsurge of chemical industry has more sufficient reasons.

In late may extend middlings in yulin, shaanxi energy chemical industry Co., LTD. Was established in xian. The company consists of coal enterprise China coal energy Co., LTD and large petrochemical enterprises to extend oil limited liability company jointly invested in and established 70 billion yuan. Companies established goal mainly is cooperation construction section of comprehensive utilization of energy chemical industry park. According to the project budget, with a total investment of 2.58 million yuan, the main construction 180 tons/year methanol, 60 tons/year olefins and 150 tons/year residue catalytic cracking, 60 tons/year polyethylene, polypropylene 60 tons/year device. In late may, as is the news from shandong province, shandong sasac second-largest coal enterprise shandong zaozhuang mining group and South Korea was third big multinational enterprise Korean SK corp, the joint venture agreement of 600,000 tons of construction plan of hydrogenation of benzene project three coal tar. At the end of April, hebei large-scale coal enterprise fengfeng group and xuyang chemical Co., LTD formally signed cooperation intention, both plan jointly construction project park. Coal fengfeng According to the understanding, the project total investment more than 10 billion yuan, the total capacity of 500 tons coke, 100 tons methanol, 600,000 tons of acetic acid and downstream products. According to the understanding of these projects, the purpose is to include high carbon energy use low carbonization.

Besides large coal into the coal enterprise, has accelerated the coal enterprise also to hit a low carbon. June 1, China’s first carbon capture and sequestration industrialization demonstration project in shenhua coal liquefaction site directly start. This project design, capture and store carbon dioxide 10 tons, is scheduled for completion by the end. In the demonstration projects, will also be based on PLC two stages built collect and store carbon dioxide in 100 million tons, 300 tons of project. Recently, kailuan group also announced for extension and improvement of coal industry transformation in coal resources, realize high this year, six million tons/year horse will gather formaldehyde and 15 tons/year of adipic acid projects.

According to understand, high carbon energy utilization, the concept of low carbonation in last August 11th NPC standing committee of the 10th meeting about the positive by climate change resolution of resolutions of the first. This chemical experts, academician of Chinese academy of engineering XieKeChang analysis, to realize the coal fields of high carbon low energy utilization of coal, should speed up the carbonization high technology development, strengthening transformation of coal and coal consumption and product management and control of pollutants link r&d.

Comprehensive announced on June 17, American oil giant Chevron (CVX, Chevron slated to 17) OAO Russian oil giant Rosneft (RS) ROSN. Continental, black exploration project says the area at least contain 8.6 million tons of crude oil.

Rosneft chairman had Igor Sechin CEO John said, chevron Watson on Russian prime minister Vladimir Putin (Vladimir Putin) signed the agreement, accommodation, prospecting operations under this agreement may reach investment 10 million dollars; If proved oil storage, will invest $1 trillion rupees ($311 million dollars).

The two companies established joint operation plan in Russia, including seismic survey by chevron pay the preliminary exploration and drilling cost.

Newswise - China petrochemical CMAI according to the latest study shows that over the next few years with some large petrochemical projects in the Middle East, the global market in ethylene glycol overcapacity will appear. This year, about 400 tons/year global production of ethylene glycol production, when the current global ethanol market has slowed, especially in Asia. 2009 global demand for 1780 tons of ethylene glycol, is expected to be reached by 2014, 236 million tons, and productivity in 2010 will reach 2540 tons/year, an increase of 15% in 2009.

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