China's first large-scale thin coalbed methane project begins operation

Time:2023-08-21 15:42:25      Source:ChinaDaily.com
The first large-scale thin coalbed methane project in China was put into operation on Wednesday, a new breakthrough in this sector for the country, said its operator China National Offshore Oil Corporation (CNOOC).
 
Located in Shanxi province, the Panhe project currently has a cumulative production of 180 million cubic meters since it was put into trial operation at the end of 2020. It provides an important theoretical basis for the efficient development and utilization of thin coalbed methane, it said.
 
Coalbed methane refers to the unconventional natural gas that is associated with coal and stored in coal seams. Developing and utilizing coalbed methane not only ensures coal mining safety, but also provides a new source of clean energy, said the company.
 
Currently, the commercial-scale development of coalbed methane in China is mainly in Qinshui Basin and the Ordos Basin. However, gas production has significantly decreased after years of development. China has been stepping up thin coalbed methane development in recent years to ensure gas supply.
 
According to CNOOC, thin coal seams generally refer to coal seams with a thickness of less than 1.3 meters that are mined underground. It accounts for 20 percent of the total recoverable coal reserves, or around 350 billion tons, it said.
 
CNOOC said it would continue strengthening technological innovation and research efforts to explore new technologies for the efficient development of coalbed methane in China, so as to ensure sufficient gas supply in the country.
Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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