General increase in energy and mineral reserves

Recently, the Ministry of Land and Resources issued the "Report on China's Mineral Resources". In 2012, China’s investment in mineral resources exploration continued to increase, and a number of new mineral deposits were discovered; the output and imports of major mineral products continued to increase, and the supply capacity continued to increase; the level of exploitation and utilization of mineral resources continued to increase, and the foreign cooperation in the field of mineral resources further expanded.

The general growth of energy mineral reserves in 2012, mineral exploration investment 120.021 billion yuan. The investment in oil and gas exploration was 78.611 billion yuan, and the non-oil and gas mineral exploration investment was 41.41 billion yuan, an increase of 10.2% and 16.6% year-on-year respectively.

The "Report" shows that China's energy minerals have generally increased in 2012. Coal has identified reserves of 1.4208 trillion tons, an increase of 61.61 billion tons, an increase of 3.1% year-on-year; oil has identified a reserve of 3.33 billion tons, an increase of 1.52 billion tons, an increase of 2.8% year-on-year. Natural gas identified reserves of 4,379 billion cubic meters, an increase of 961 billion cubic meters, an increase of 8.9%.

Coal exploration increased the number of medium-sized mines in 53 places. Among them, the Khan Shuiquan exploration area in the Santanghu mining area of ​​Kazak Autonomous County, Bali, Xinjiang newly identified over 10 billion tons of resource reserves.

There are four newly added oil fields with proven geological reserves of more than 100 million tons, which are the Penglai 9-1 Oilfield in the Bohai Bay Basin, the Jiyuan Oilfield in the Ordos Basin, the Jingan Oilfield, and the Honghe Oilfield. There are three gas fields with more than 100 billion cubic meters of natural gas reserves, including the Jingbian Gas Field in the Ordos Basin, the Kelasu Gas Field in the Tarim Basin, and the Chengdu Gas Field in the Sichuan Basin.

By the end of 2012, there were 920 oil and gas fields throughout the country, of which 673 were oil fields and 247 were natural gas fields. The accumulated proven geological reserves of oil were 34.1 billion tons and natural gas was 10.8 trillion cubic meters.

In terms of unconventional oil and gas, as of 2012, China has invested 7 billion yuan in cumulative exploration of shale gas and completed more than 80 shale gas wells. Among them, there were 41 national shale gas drilling and 8 parameter wells in 2012. Sichuan shale gas exploration and development achieved results.

The cumulative drilling of CBM in China exceeded 12,000, with a production capacity of 3 billion cubic meters per year. The capacity under construction is approximately 5 billion cubic meters per year, of which more than 3,500 new CBM wells have been drilled in 2012. Qinshui Basin and the eastern Ordos Basin coal seam Gas has added more than 100 billion cubic meters of proven reserves. In 2012, the output of CBM on the ground was 2.57 billion cubic meters, and the utilized amount was 2.02 billion cubic meters.

Energy consumption has entered a steady growth The "Report" pointed out that in 2012 China's total primary energy production was 3.32 billion tons of standard coal, an increase of 4.4% year-on-year. Among them, crude coal accounted for 76.5%, crude oil accounted for 8.9%, natural gas accounted for 4.3%, and hydropower, nuclear power, and wind power accounted for 10.3%. The share of coal increased from 73.2% in 2000 to 76.5% in 2012; the oil share decreased from 17.2% in 2000 to 8.9% in 2012.

Data show that in 2012 China's coal production was 3.65 billion tons, an increase of 3.8% year-on-year, ranking first in the world for many years. The output of oil was 207 million tons, an increase of 2.3%, ranking fourth in the world. The output of natural gas was 107.15 billion cubic meters, an increase of 4.3%, ranking seventh in the world.

From the perspective of energy consumption, the total energy consumption in 2012 was 3.62 billion tons of standard coal, which was an increase of 3.9% year-on-year, and the energy self-sufficiency rate was 91.7%. Among them, coal consumption was 3.515 billion tons, an increase of 2.5% year-on-year; crude oil was 466 million tons, an increase of 6.0%; natural gas was 143.844 billion cubic meters, an increase of 10.2%.

Among them, coal consumption accounted for 66.6%, oil accounted for 18.8%, natural gas accounted for 5.2%, and hydropower, nuclear power, wind power accounted for 9.4%. According to the Ministry of Land and Resources, China’s energy consumption is still dominated by coal, and petroleum has been slowly declining in recent years. The proportion of natural gas and non-fossil energy consumption has increased year by year.

From the perspective of energy import, in 2012, it imported 311 million tons of oil, a year-on-year increase of 5.6%, foreign dependence on 57.8%, and imported coal 289 million tons, an increase of 29.8%.