| Brief Profiles Of Investment Projects
For China's Agenda 21 |
| Title | Development and Utilization of Coal Bed Methane in Liulin, Shanxi Province | ||||||||||||||||||||||||
| Type | Expansion of infrastructure | ||||||||||||||||||||||||
| Description | |||||||||||||||||||||||||
| The infrastructure for the coal mines of Shanxi Province will be expanded to increase CBM production. On the basis of existing test wells, the project will establish a functioning gas field and transportation service for the commercial use of CBM. Technologies and equipment of the project are related to coal bed methane reservoir evaluation, well completion and fracturing stimulation, gas gathering, gas field development and construction. | |||||||||||||||||||||||||
| Rationale | |||||||||||||||||||||||||
| The project will improve the local energy structure, reduce air pollution, help to facilitate local economic development, and provide a good prototype of the entire process of CBM development in China, from investigation to exploitation and utilization. | |||||||||||||||||||||||||
| Outputs | |||||||||||||||||||||||||
| CBM 48,000 M*M*M/day to about 48,000 homes from a total of 25 wells and through 30 km of pipeline. | |||||||||||||||||||||||||
| Location | Liulin town, Lishi city, Shanxi Province | ||||||||||||||||||||||||
| Available Information | (Pre)Feasibility Study, Project Detailed Description, Technical Study, Market Study | ||||||||||||||||||||||||
| Total Investment (US$) | 9 million |
Foreign Currency (US$) |
3.1 million | ||||||||||||||||||||||
Financing |
Co-operation Sought | ||||||||||||||||||||||||
| Total Equity (US$) | 7.5 million |
Joint Venture | |||||||||||||||||||||||
| Of which Equity Foreign Partner (US$) | 3.1 million |
Equipment Purchase | |||||||||||||||||||||||
| Loan (US$) | 1.5 million |
Special Technique and Know-how | |||||||||||||||||||||||
| Others(specify) (US$) | |||||||||||||||||||||||||
| Indicators of Viability | Pay-back period: 6 years; Return on investment: 22% | ||||||||||||||||||||||||
INFORMATION ON SPONSOR | |||||||||||||||||||||||||
| Name | North China Bureau of Petroleum Geology | Tel | +86-371-8981590 | ||||||||||||||||||||||
| Address | 197 Funiu Road, Zhenzhou city, Henan province | Fax | +86-371-8982902 | ||||||||||||||||||||||
| Annual Turnover (US$) | 1993 | 1994 | 1995 | 5 million | |||||||||||||||||||||
| Year of Establishment | 1975 | No. of Employees | 7300 | Ownership | State | ||||||||||||||||||||
| Fixed Assets (US$) | 30 million | Registered Capital (US$) | 3.4 million | ||||||||||||||||||||||
| Land (ha.) | Building (m*m) | Equipment (US$) | |||||||||||||||||||||||
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