Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's Changqing Oilfield to produce 63 mln tonnes oil equivalent in 2025

June 28, 2020


Abstract : PetroChina Changqing Oilfield Company, a subsidiary of China's top oil and gas producer PetroChina, is expected to produce 63 million tonnes of oil equivalent of crude oil and natural gas in 2025.

XI'AN, June 28 (Xinhua) -- PetroChina Changqing Oilfield Company, a subsidiary of China's top oil and gas producer PetroChina, is expected to produce 63 million tonnes of oil equivalent of crude oil and natural gas in 2025.

Last year, its oil and gas output reached 57.03 million tonnes of oil equivalent, the seventh consecutive year that production reached the 50-million-tonne level, said Fu Suotang, general manager of PetroChina Changqing Oilfield Company.

The oil and gas fields of Changqing Oilfield cover Shaanxi, Gansu and Shanxi provinces as well as Ningxia Hui Autonomous Region and Inner Mongolia Autonomous Region.

The huge amount of crude oil and natural gas produced since the firm's establishment in 1970 has played an important role in safeguarding the country's energy security. The company has applied new technologies to boost production and extend the life cycle of crude oil and natural gas wells.

Changqing Oilfield has so far sent over 420 billion cubic meters of natural gas to more than 40 large and medium-sized Chinese cities including Beijing and Xi'an, helping reduce carbon emissions by around 600 million tonnes, Fu said. Enditem


Scan the QR code and push it to your mobile phone

Keyword: oil and gas Changqing Oilfield

Reading:

China's Xinjiang reduces utility bills for enterprises amid epidemic

China's foreign trade powerhouse registers positive growth in April

Jiangsu shows 1st single month trade growth in April since 2020

What is Ice Silk Road?

Across China: Largest oilfield revs up production to secure supply

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial