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China has announced a new hydrocarbon revolution

Китай объявил о начале новой углеводородной революцииOne cubic meter of hydrate is equivalent to 160 cubic meters of natural gas.

Chinese oil companies first in the world produced from the bottom of the South China sea “combustible ice” the natural gas hydrate. On Thursday, may 18, reported China Central television, citing the Ministry of land and resources of China.

“It will be as big event as earlier in the US shale revolution. In the end, the techniques use energy in the future will undergo a transformation,” said Deputy Department of geological research of the Ministry Whether Csinfo.

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He noted that the development of theoretical bases and technology of China in this direction has reached “unprecedented success”, with the result that the country took the leading position in the world in the production of “combustible ice.”

Samples lifted from a depth of more than 1.2 kilometers, itself 200-meter underwater well is located 285 km South-East of Hong Kong. In just eight days of work produced 120 cubic meter of “combustible ice”, methane is 99.5%.

One cubic meter of hydrate is equivalent to 160 cubic meters of natural gas in the gaseous state (100 litres of gas a car can travel 300 kilometers, while 100 litres of “combustible ice” — 50 thousand kilometers).

Work on the extraction of natural resources are conducted in other countries, in particular Canada and Japan, but so far only China has managed to extract it from the seabed.

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