China to set up combustible ice bases for industrial development
Source: www.chinamining.org Citation: Xinhua Date: June 05, 2017
China will set up two to four large combustible ice bases for industrial development, the Ministry of Land and Resources (MOLR) said Friday.
The government will also formulate regulation and other industrial procedures, according to Li Jinfa, deputy director of the China Geological Survey under the MOLR.
China is estimated to have 80 billion tonnes of oil equivalent combustible ice, according to Li.
Yu Haifeng, a senior official with the MOLR, suggested setting combustible ice as a new mineral species and including its development in the category of emerging strategic sectors to encourage enterprises exploit the resource.
Combustible ice usually exists in seabed or tundra areas, which have the high pressure and low temperature necessary for its stability. It is flammable like solid ethanol.
China announced its success on May 18 in collecting samples of combustible ice in the South China Sea after nearly two decades of research and exploration, a major breakthrough that may lead to a global energy revolution.
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2017 will be held at Meijiang Convention and Exhibition Center in Tianjin in September 23-25, 2017. We invite you to join the event and to celebrate the 19th anniversary of CHINA MINING with us. For more information about CHINA MINING 2017, please visit: www.chinaminingtj.org.
