Experts: During the "Twelfth Five-Year Plan" period, more preferential CBM encouragement policies should be introduced

**** The head of the Coal Information Institute of the General Administration of Supervision and Control, Huang Shengchu, proposed at the Asian Unconventional Oil and Gas Summit held here on the 30th that more favorable incentive policies should be introduced during the “Twelfth Five-Year Plan” period to promote the rapid development of the CBM industry.

Huang Shengchu said that in order to encourage the development and utilization of coalbed methane and coal mine gas, the government currently provides a special coal mine safety fund of 3 billion yuan each year, most of which is used for gas drainage projects and is given to the central government at a rate of 0.2 yuan per m3. subsidy. In addition, before 2020, it may apply for the reduction of the use of exploration rights and the use of mining rights, and no resource tax is imposed for the time being.

Huang Shengchu said that China's coalbed methane resources are very rich, and it is the world's third largest reservoir of coalbed methane, second only to Russia and Canada. At the end of 2009, ground coalbed methane and underground gas drainage volume were 1.015 billion cubic meters and 6.17 billion cubic meters, respectively. As the government and coal mining enterprises pay more and more attention to the development of coalbed methane, the state should introduce more favorable incentive policies so that the amount and utilization of coalbed methane gas can maintain rapid growth.

It is understood that coal bed methane, also called coal seam methane, is mainly composed of unconventional natural gas and is a high-quality chemical and energy raw material. There are generally two types of mining methods, one is ground drilling and the other is underground gas drainage system. .