According to the latest data from the National Bureau of Statistics, from January to February 2019, more than 1.34 billion cubic meters of coalbed methane were produced by industrial enterprises of national scale, an increase of 11.9% over the same period last year, and an absolute increment of 160 million cubic meters.

Among them, the cumulative production of coal-bed methane in Shanxi Province is 950 million cubic meters, an increase of 8.7% over the previous year, and the absolute value increment is 0.9 billion cubic meters.

According to Bloomberg, the proportion of natural gas in China’s energy structure will double to 14% by 2030. With the increasing proportion of natural gas in energy consumption, unconventional oil and gas resources such as coalbed methane have great potential to supplement.

The 13th Five-Year Plan for the Development and Utilization of Coal-bed Methane (Coal Mine Gas) published earlier proposed that by 2020, two or three industrial bases for coalbed methane should be built; the extraction capacity of coalbed methane will reach 24 billion cubic meters, of which the surface production of coalbed methane is 10 billion cubic meters and the utilization rate is more than 90%; the extraction rate of coalbed methane is 14 billion cubic meters and the utilization rate is more than 50%; the installed capacity of coal-bed methane power generation is 2.8 million kilowatts. More than 1.68 million households are for civilian use.

Shanxi is rich in coalbed methane resources. In order to further accelerate the development of coalbed methane industry, Shanxi will fully implement the withdrawal mechanism of coal-bed methane mining rights in 2019. At the same time, it is decided that, on this basis, enterprises with insufficient investment in long-term exploration after acquisition of CBM blocks will be punished by raising the minimum exploration investment standard and the holding cost of blocks, and blocks with development conditions will complete production capacity construction within a time limit.