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Aarkstore Enterprise 2008 Report On China's Coal-bed Methane (cbm) Industry
China is rich in CBM resources, and its CBM reserves are equivalent to those of natural gas. The latest survey shows that the total reserves of CBM in China are 36, 800bn m3, from which the minable CBM from within a depth of 1, 500 meters would be 10,[link widoczny dla zalogowanych], 900bn m3. There are nine fields each with CBM reserves of more than 1, 000bn m3 in China, and their combined reserves are 31,[link widoczny dla zalogowanych], 000bn m3, accounting for 81% of the country's total. Of these nine, Erdos is in possession of 9, 900bn m3, 27% of that in China.
China drilled 1, 073 new CBM wells in 2007, and 701 of them started production already,[link widoczny dla zalogowanych], with 3, 300bn m3 coming from surface wells. By the end of 2007, China had 2,[link widoczny dla zalogowanych], 446 CBM wells, with Qinshui field (Shanxi Province), Fuxin field (Liaoning Province), and Hancheng field (Southern Erdos, Xinjiang Province) having basically achieved commercial production. On top of that, 2007 witnessed the births of seven small-sized CBM compression stations, whose total production capacity was about 1, 296, 000 m3; and also the three gas-to-liquid plants, whose total production capacity was 1. 55 million m3.
Currently China's major homegrown CBM producers include China CBM, China National Petroleum Corporation (CNPC), and Qinshui Lanyan CBM etc. Some foreign companies, such as Greka Energy (from the U. S. ) and Far East Energy Corporation (from the U. S. ), have participated in the exploration and production of CBM in China. In addition, four demonstration plants, i. e. Qinnan Panzhuang, Qinnan Panhe, Qinnan Zaoyuan and Fuxin (Liaoning Province), have already begun operations for commercial purposes.
Figure: Outputs of CBM from Surface Mining in China 2005-2008
Beijing has made CBM production one of the 16 major projects in its 11th "Five-Year Plan", which says that the output of CBM in China would reach 10bn m3 by 2010, 30bn m3 by 2015, and more than 50bn m3 by 2020. So China's CBM industry should expand rapidly in the next few years.

Table of Contents:
Chapter One: Overview of China's CBM Industry
1. 1 Business Environment
1. 2 Status Quo
1. 3 Problems
Chapter Two: Market-based Development of China's CBM Industry
2. 1 Exploration Engineering
2. 2 Commercialization
2. 3 Cooperation with Foreign Companies
Chapter Three: SWOT Analysis of China's CBM Industry
3. 1 Strengths
3. 2 Weaknesses
3. 3 Opportunities

For more information please contact:
http: //www. aarkstore. com/reports/2008-Report-on-China-s-Coal-Bed-Methane-CBM-Industry-13199. html
http: //www. emarketreports. com
http: //www. aarkwebsolutions. com/
From: Aarkstore Enterprise
Contact: Neel
Email: press@aarkstore. com
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