Dongwu Securities released a research report stating that with a combination of policies, resources, and technology, deep coalbed methane has entered the stage of large-scale development. In 2025, China's coalbed methane production is about 18 billion square meters. The bank expects China's coalbed methane production to exceed 26 billion square meters in 2030 (deep coal is expected to exceed 16 billion square meters). The bank expects the recovery of new supply and damaged supply from 2026-2027 to be limited, and international gas prices are still in tight balance. High international gas prices are gradually being transmitted domestically, and domestic gas sources benefit from gas price flexibility. Focus on mastering the goals of deep coalbed methane core block development and diversified gas source layout.

Dongwu Securities released a research report stating that with a combination of policies, resources, and technology, deep coalbed methane has entered the stage of large-scale development. In 2025, China's coalbed methane production is about 18 billion square meters. The bank expects China's coalbed methane production to exceed 26 billion square meters in 2030 (deep coal is expected to exceed 16 billion square meters). The bank expects the recovery of new supply and damaged supply from 2026-2027 to be limited, and international gas prices are still in tight balance. High international gas prices are gradually being transmitted domestically, and domestic gas sources benefit from gas price flexibility. Focus on mastering the goals of deep coalbed methane core block development and diversified gas source layout.