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To date, extraction of China's unconventional gas resources, and shale gas in particular, has been limited for a number of reasons, including constraints on water resources, 5 a lack of necessary technology, and geological challenges that make the gas difficult to extract.6 Finally, the degree of success of ongoing oil and gas sector reform will impact pipeline gas pricing reform and the level of [...] This pricing system aimed to The growth of the LNG market in China could be negatively impacted by substantial increases in domestic protect gas supply and to ensure profits for the gas industry, while also controlling the price to the end-user. [...] While China However, the need to import natural gas to meet demand has resulted in large deficits for gas importers, intends to increase the production of conventional gas, the government is also turning its attention to the as expensive pipelines had to be built and imported gas is more expensive than domestically produced gas. [...] With respect to shale gas, the United States Energy Information Administration estimates that China has At the end of 2011, the provinces of Guangdong and Guangxi initiated a pilot gas pricing reform, in which the largest technically-recoverable reserves in the world (1, 115 trillion cubic feet).34 To date, China has pipeline natural gas prices were linked to the prices of fuel oil and liquefied p [...] However, the extraction of China's unconventional gas resources, and shale gas in particular, has been limited for a number of reasons, including constraints on water resources, 35 a lack of necessary technology, Pipeline gas prices will likely be liberalized in the long term, and the price difference between gas provided and geological challenges that make the gas difficult to extract.36 While th.
