NDRC Approves the First CBM Commercial Development Pass-port

NDRC Approves the First CBM Commercial Development Pass-port --- Panzhuang CBM cooperative project is approved to enter the initial stage of commercial development. On July 11, 2007, the China National Development and Reform Commission (NDRC) notified China United Coalbed Methane Corporation, Ltd’s (CUCBM) and Asian American Gas, Inc. (AAGI, the parent company of Sino-American Energy Inc.) that the Coalbed Methane Resources Development Plan in Panzhuang, Jincheng Shanxi province is in line with China’s policies governing the CBM industry and is listed in the national Eleventh Five-Year Plan. NDRC also approved the initial stage of the Panzhuang CBM Resources Development Plan, with an annual capacity of 500 million cubic meters. AAGI is the first foreign company to obtain NDRC’s approval for CBM commercial development in the last twenty years. Previous output for the six gas wells reached 300,000 m³/day, and the highest gas output for a single well reached 70,000 m³/day. Sino-American Energy Inc. and its Chinese partners are now preparing for the initial stage of CBM commercial development in Panzhuang. This article was found in the Coalbed Methane Outreach Program (CMOP) Newsletter: http://www.epa.gov/cmop/index.html.