10-11 Jun, 2010 - Hong Kong, HONG KONG
The Langham Hong Kong
The Langham Hong Kong
China is looking into large-scale coal bed methane extraction to improve coalmine safety, according to the National Development and Reform Commission. The NDRC is looking into higher subsidies to promote Coal bed methane gas extraction, and Coalmine operators will be encouraged to use methane gas as fuel for residents' daily lives and for power generation.
The government is also looking into implementing a policy to subsidize power suppliers who used coal bed methane to produce electricity and sell it to power grids. The State has set the goals of forming the capacity to extract 3.5 billion cu m of coal bed methane and produce 2 billion cu m by 2010.
China was currently has 18 mining districts that were each capable of extracting 100 million cu m of the gas annually by 2010. The government has attached great importance to coal bed methane in recent years. A total of 114.4 billion yuan (about $16.82 billion) has been spent on prevention and control of gases in coal mines during the past five years. Source: Xinhua News Agency >>Click to read full article<<
The upcoming 3rd CBM World conference which meets in Hong Kong on 10-11 June 2010 will examine the growth in Asia’s CBM industry, and 1 of the key sessions will include updates on China’s growing CBM industry.Those keen on attending 3rd CBM World can confirm their seats now by submitting online registration. >>Click here to access<<.
