Singapore—The development of China’s coalbed methane resources could get a significant boost if the government pushes through gas pricing reforms, but the sector still faces a number of challenges including low levels of investment and technology, industry observers said September 5. The price of CBM in China could rise significantly if the government comes through on gas pricing reforms, which would give a huge boost to production, Li Yao, China Director for consulting company PFC Energy, said.
展开▼
