Title Development and Utilization of Coal Bed Methane in Liulin, Shanxi Province Type Expansion of infrastructure Description The infrastructure for the coal mines of Shanxi Province will be expanded to increase CBM production. On the basis of existing test wells, the project will establish a functioning gas field and transportation service for the commercial use of CBM. Technologies and equipment of the project are related to coal bed methane reservoir evaluation, well completion and fracturing stimulation, gas gathering, gas field development and construction. Rationale The project will improve the local energy structure, reduce air pollution, help to facilitate local economic development, and provide a good prototype of the entire process of CBM development in China, from investigation to exploitation and utilization. Outputs CBM 48,000 M*M*M/day to about 48,000 homes from a total of 25 wells and through 30 km of pipeline. Location Liulin town, Lishi city, Shanxi Province Available Information (Pre)Feasibility Study, Project Detailed Description, Technical Study, Market Study Total Investment (US$) 9 million Foreign Currency (US$) 3.1 million
Financing Co-operation Sought
Total Equity (US$) 7.5 million Joint Venture
Of which Equity Foreign Partner (US$) 3.1 million Equipment Purchase
Loan (US$) 1.5 million Special Technique and Know-how
Others(specify) (US$) Indicators of Viability Pay-back period: 6 years; Return on investment: 22% INFORMATION ON SPONSOR
Name North China Bureau of Petroleum Geology Tel +86-371-8981590 Address 197 Funiu Road, Zhenzhou city, Henan province Fax +86-371-8982902 Annual Turnover (US$) 1993 1994 1995 5 million Year of Establishment 1975 No. of Employees 7300 Ownership State Fixed Assets (US$) 30 million Registered Capital (US$) 3.4 million Land (ha.) Building (m*m) Equipment (US$)
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