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BEIJING, May 3, 2011 - (ACN Newswire) - China and other regions of Asia are endowed with some of the most significant and potentially high quality unconventional gas resources. A recent report published by the U.S. Energy Information Administration estimates the technically recoverable resource of China's shale gas alone at over 36,000 bcm (1275 tcf), representing over 400 years of natural gas supply based on China's current consumption level. This tremendous opportunity has the government of China seeking additional foreign investment to develop these resources and IOC's as well as independent operators are jumping at the chance to secure their places in such a promising market.
And with China completing its first horizontal shale gas well on March 31, Global Unconventional Gas 2011: Unlocking Your Potential couldn't have come at a better time. Organised by the US-based Gas Technology Institute (GTI) and Gastech, Global Unconventional Gas is an international conference and workshop designed to stimulate the economic potential from unconventional resources, taking place September 12-14 in Beijing. Building upon a successful 2010 event in Amsterdam, Global Unconventional Gas 2011 is anticipated to attract several hundred regional and international attendees for an ideal knowledge-sharing, networking and business development opportunity. This year, the event once again has the support of the International Gas Union (IGU) and the Research Partnership to Secure Energy for America (RPSEA).
One of the global energy industry's most recognisable public figures, Dr Michael J. Economides, is to speak at the event on 13th September 2011. Addressing a mix of international and regional delegates, Dr. Economides will tackle the subject of 'Unconventional Gas Challenges and Opportunities', addressing the technical challenges and history of shale drilling, the economic potential for the Chinese natural gas market in utilising its unconventional gas resources, and the challenges ahead that must be met for the full potential of this opportunity to be achieved.
Currently Editor-in-Chief of Energy Tribune, Dr. Economides has worked in the field of hydraulic fracturing (fracking) for over 25 years and is a global authority on reservoir stimulation and horizontal drilling. Having generated much interest in recent years for his opinions on global warming, Dr. Economides has also made headlines for challenging negative reports of fracking and horizontal drilling - subjects that have been covered extensively in the media and will be addressed at Global Unconventional Gas 2011 in relation to the Chinese market.
During the event, Dr. Economides will also take part in a panel discussion addressing the policies, capabilities and economics involved in making unconventional gas possible on a large scale in China. Other subjects that will be under the spotlight at Global Unconventional Gas 2011 include a workshop introduction to unconventional gas, the role of unconventional gas in a sustainable global energy mix, environmental impacts of horizontal drilling and hydraulic fracturing, technical issues regarding the recovery of China's unconventional gas resources, new technologies and more. The objective of the conference is to generate a serious dialogue amongst experts holding a diversity of views on the real potential of these resources and the role of natural gas in the future global energy mix and the conference organizers are pleased to be able to include Dr. Economides as a contributor to this important conversation.
If you are interested in becoming a sponsor of Global Unconventional Gas 2011 or would like to find out more information about the conference, please visit: www.gastechnology.org/GUG2011
About GTI
GTI is a leading research, development, and training organisation serving the global natural gas and energy industry. For 70 years, GTI has solved important energy and environmental challenges by developing technology-based solutions that create value for consumers, industry, and government. GTI has been actively involved in the development of unconventional gas in the U.S. for more than 20 years, including activities in coal bed methane, tight gas formations, and gas shales.
Contact:
Natasha Walton
Marketing Executive, dmg :: events
natashawalton@dmgevents.com
+44 20 3180 6541
Topic: Trade Show or Conference
Source: dmg :: events
Sectors: Trade Shows, Gas & Oil, Alternative Energy
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