TIANJIN, Oct. 18 (Xinhua) -- The China Mining Resources Report 2018 was released Thursday at the ongoing China Mining Conference and Exhibition in Tianjin, showing that China's oceanic natural gas hydrate is estimated to be 80 billions of oil equivalent.
The report, compiled by the Ministry of Natural Resources, also shows that the country's potential oil reserves total 125.7 billion tonnes, with 30.1 billion tonnes recoverable.
The natural gas reserves are 90 trillion cubic meters with 50 trillion cubic meters recoverable, according to the report, while the country's shale gas reserves located above the depth of 4,500 meters underground is 122 trillion cubic meters, and reserves of coalbed methane located above the depth of 2,000 meters underground are 30 trillion cubic meters.
The report also estimated that China has 849 million tonnes of potential lead and zinc reserves, and 4.8 billion tonnes of manganese ore reserves.
The mineral resources are located in a number of central and western provinces in China, according to the report.
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 Conference and Exhibition 2018 Was held at Meijiang Convention and Exhibition Center in Tianjin in October 18-20, 2018. We invite you to join the event and to celebrate the 20th anniversary of CHINA MINING with us. For more information about CHINA MINING 2018, please visit: m.balanzskin.com.
