Exploration Trend of Large Gas Fields in China

China has abundant natural gas resources with low exploration level. The discovery rate of resources is 10% on the average, boasting a great potential. By the end of 2006, the ascertained geological gas reserves in China has amounted to 5.4×1012m3, among which 9 gas fields has 1000×108m3 of ascertained geological reserves or more.The "large gas fields" are referred to those gas fields with recoverable reserves exceeding 85 billion cubic meters.Since the Sixth Five-Year Plan, China's gas industry has developed rapidly and gas reserve and output has witnessed a substantial increase, in which the discovery of large gas fields has played a very important role. With the progress of technology, more gas resources will be discovered with gas reserves growing rapidly in China.