Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Domestic steel prices by adding shale gas resources in the battle

Replacement of traditional energy sources as the most potential shale gas field off the a staking movement. Yesterday, Hunan Huasheng Energy Investment and Development Co., Ltd. was established in Changsha, which is led by Valin Group, joint Hunan Coal Group, Hunan Development Group work together to build the province of shale gas development platform. Also indicates that the steel company followed by oil, coal and electricity giant, plan to flex its muscles in the shale gas market.
 
The data show that shale gas is stored in the rock structure of natural gas, and coalbed methane, tight sandstone gas constitute the three unconventional gas in the world today. Shale gas resource potential, the preliminary estimate of 9.6 million square kilometers of land area, about 60 percent of the land with the formation of a shale-gas conditions. It is predicted that by 2020, China's natural gas consumption will reach 300 billion cubic meters, when the shale gas production capacity accounted for 5% -10% of the consumption.
 
Previously, Huadian Group, China Nuclear Group and Shenhua Group has set foot in the shale gas development business, the involvement of these coal companies, breaking the pattern of the original single-handedly dominated by the oil giants. Now, the arrival of iron and steel enterprises, leaving shale gas industry long hegemony situation appears.
 
In the analysis of the advantages of steel enterprises in the development of shale gas, Rising Energy Holdings shareholders Valin Group chairman Cao Huiquan, Valin is the largest gas-fired power generation companies in Hunan Province, with advanced gas-fired generation equipment, in the primary energy to secondary energy conversion technology and management; Second, the shale gas industry has a strong industrial synergies, shale gas development and pipeline network construction steel pipe and steel; last many steel enterprises in carrying out international cooperation, the introduction of technical and financial aspects has certain advantages. He said that the development of shale gas industry is a large exploration of the Valin Group's strategic transformation while doing fine and stronger steel main business.
 
For all three to grab the resources of the situation, said the Investment Advisor in the researcher Chen Hongwen With the gradual depletion of conventional oil and gas resources, the size of the shale gas market will be very great future prospect is extremely broad. In addition, the shale gas has been reported as independent minerals, and the government adopted an open attitude in the shale gas tender, which has greatly stimulated the enthusiasm of enterprises.
 
However, businesses rush into whether there is hidden it? HAN, chief information officer of the China Energy Net, into the shale gas fields will certainly be a variety of issues, but not unworthy, to increase the restrictions, but to encourage more and more businesses become involved. "China's entry into the shale gas business is still too little, the United States have more than 8,000 enterprises to develop the gas business, China is less than 100. In fact, should see the domestic iron and steel industry is already overcapacity, these companies now to page The direction of transformation of rock gas just in time.
 
"According to the American experience, a lot of shale gas field, to boost investment in a substantial increase, the development of technology continues to improve, of course, shale gas investment in risky, a higher proportion of development failure, so the companies should also pay attention to their own protection. Overall, only the development of enterprises more and more to the shale gas market cake bigger and bigger. "HAN said.



Other News:
Domestic steel prices by adding shale gas resources in the battle
Exploded outside China Baku Consulate of suspected terrorist attacks
Steel prices to accelerate the decline cuts imminent
Steel City, a decline in menacing
Foreign media: Anglo American iron ore production increased
Steel City, a spike in steel trading business called rational self-help
Scorching heat to change the "winter" steel trade is difficult to survive
Analysts said the three the Shashi reefs army deployment is nearly saturated