Shale gas development vigilance three investment risk

At the recent 2012 China Development Forum on  shale gas   many experts said that shale gas development can not be achieved, investors should pay attention to prevent risks of shale gas. At present, China is still a lack of core technology of shale gas development, the domestic market is not fully open, there is a certain variable. If the business lacks depth understanding of shale gas, do not understand mining technology, blind investment, will bear the potentially huge risks. The United States is currently the world's shale gas development and use of the most successful countries. In 1821 the first U.S. production of shale gas, but until 2006 was able to achieve breakthroughs in key technologies, in 2010, production exceeded one hundred billion cubic meters, is the world's largest gas producing countries.
Experts, shale gas has three main investment risks. First, the existence of underground mineral resources exploration and high risk.Ceramic proppant Requires a lot of shale gas drilling, which is about 10 times the conventional gas reservoirs, costly. Compared with the U.S., China's shale gas buried deeper, more complex geographical environment, mining at greater risk.
Two is the exploitation of shale gas using fracking will damage the environment. This has caused great controversy in the United States, France, Bulgaria currently bans shale gas. In addition, hydraulic fracturing method requires local abundant water resources, China's shale gas resource-rich regions, mostly in remote, mountainous areas of water shortage, the development of intractable environmental problems,fracturing proppant technical requirements are higher.
Three shale gas investment, slow effect, investors will face the unknown market risk. If oil prices slump, people are more willing to consume cheap oil and gas is no market price is expected, shale gas will be a loss. The industry believes that the future of shale gas exploration continued need for government subsidies to support a longer period of time, the domestic shale gas development in order as soon as possible the formation of scale.