Monday, October 8, 2012

China Energy Update 10/7


Betting on black: China risks $14 billion on coal-to-gas pilot
CNBC.com
As China triples natural gas use to around 10 percent of total energy demand by the end of the decade, it needs to find fresh sources of supply if it wants to avoid costly imports from Australia, Indonesia, Qatar and Turkmenistan. The first of four ...http://www.cnbc.com/id/49322442
China should prioritize coal-bed gas exploitation, says expert
Xinhua
BEIJING, Oct. 7 (Xinhua) -- China should give priority to the exploitation of coal-bed gas rather than shale gas, an energy expert has suggested. Coal-bed gas exploitation is a more urgent initiative to follow, to save energy resources and ease air ...http://news.xinhuanet.com/english/china/2012-10/07/c_131891672.htm
Solar panel glut new test for China
Bend Bulletin
BEIJING — China in recent years established global dominance in renewable energy, its solar panel and wind turbine factories forcing many foreign rivals out of business and its policymakers hailed by environmentalists around the world as visionaries.http://www.bendbulletin.com/article/20121007/NEWS0107/210070309/
Global fuel refining shifts to Middle East
Hurriyet Daily News
China and India in particular are driving the demand, with multiple refineries cropping up in China and the Gulf and Indian energy group Reliance, for example, running two giant refineries capable of processing a total of 1.2 million barrels of crude ...http://www.hurriyetdailynews.com/global-fuel-refining-shifts-to-middle-east.aspx?pageID=238&nID=31884&NewsCatID=348
China in secret talks on UK nuclear plant stake
This is Money
Last week's decision by French energy giant Areva and China's Guangdong Nuclear Power Group to pull out of a bid to build power stations at Wylfa on Anglesey and Oldbury, Gloucestershire, suggested the Chinese might have lost interest in investing in ...http://www.thisismoney.co.uk/money/news/article-2213830/China-secret-talks-UK-nuclear-plant-stake.html?ito=feeds-newsxml

China taps shale gas through combined efforts
China.org.cn
China is exploring an optimized energy structure by tapping into shale gas resources through the joint efforts of local authorities, enterprises and researchers. The country's second round of auctions for shale gas licenses, which will be held in late ...http://www.china.org.cn/business/2012-10/07/content_26715151.htm

Coal-to-gas projects: China's novel way of boosting gas supply

Economic Times -
China, the world's top energy user, wants to turn coal in remote areas into gas and then pipe it to cities, where residential and industrial use for the fuel is growing rapidly. From coal miners to power producers, from private firms to state energy giants, ...https://news.google.com/news/story?ncl=http://www.china.org.cn/business/2012-10/07/content_26715151.htm&hl=en&geo=us
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