Oil field produces 40 million tons for 10th year
Updated: 2013-01-02 14:15
(Xinhua)
|
|||||||||
BEIJING -- PetroChina Daqing Oilfield, a subsidiary of PetroChina, produced 40 million tons of crude oil in 2012, the China National Petroleum Corporation said.
This is the tenth consecutive year for the country's largest oil field to yield more than 40 million tons of crude oil, according to the CNPC, the parent of public-listed PetroChina.
Previously, the oil field had seen annual output exceed 50 million tons, but output shrank due to harder operations in oil exploitation, according to the CNPC, the country's largest oil producer and supplier.
The oil field aims to secure annual crude oil production of 40 million tons during the 12th Five-year Plan period (2011-2015).
In 2012, Daqing also produced 3.3 billion cubic meters of natural gas. And the oil field added 55.35 million tons of proven oil reserves.
Discovered in 1959, Daqing is located in northeast China's Heilongjiang province.
China consumed 450 million tons of crude oil in 2011, 250 million tonnes of which were imported, and both the oil consumption and the oil import ratio will continue to rise, according to the CNPC.
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |