The Pricing Mechanism of Shale Gas in China and its Development Suggestions

Hongyong LIU, Qiushuang HUANG

Southwest Petroleum University, Chengdu, 610500, CHINA

Abstract: Shale gas, as the important supplement of conventional oil and gas resources, has become a new bright spot in the global unconventional oil and gas development, it also is our country’s current unconventional energy development hotspot. Focusing on the practical problems existed in shale gas pricing mechanism in the upstream, midstream and downstream during China’s development and operation of shale gas, also taking successful experience of the United States, Canada and other countries as references, this paper, combined with the specific conditions of shale gas resources and exploitation in China, studies the adapted pricing mechanism of the development of shale gas industry in China, also the suggestion of pricing mechanism for upstream ,midstream and downstream is proposed in this paper.

Keywords: Shale Gas; Pricing Mechanism; Unconventional Gas