Home>News Center>China
       
 

China confirms major natural gas find
By Wang Ying (China Daily)
Updated: 2005-12-15 06:04

A new natural-gas field in Northeast China has proven reserves of 100 billion cubic metres - more than double this year's estimated production - Daqing Oilfield said yesterday after a State expert team verified the find.

Last month, Wang Yupu, president of Daqing Oilfield Co Ltd, said a preliminary probe showed that the gas field has reserves of at least 100 billion cubic metres.

The new gas field, named Qingshen, is located under Daqing oilfield in Heilongjiang Province, which produced 46.4 million tons of crude oil last year.

It would be the country' fifth-biggest gas field after the Tarim, Qaidam, Shaanxi-Gansu-Ningxia and Sichuan basins, according to industry experts.

"The discovery is of strategic importance to PetroChina's long-term development blueprint of 'stabilizing output in the east while stepping up development in the west,'" Daqing Oilfield, a PetroChina subsidiary, said in a report.

"The find will add to the energy potential of Daqing, whose oil reserves are on the decline," said Gong Jinshuang, a senior oil and gas analyst with the research arm of PetroChina's parent company, China National Petroleum Corp (CNPC).

Bi Jianguo, spokesman for Hong Kong-listed PetroChina, would not comment on the find.

The State expert team, set up by the Ministry of Land and Resources (MLR), consisted of eight senior oil and gas experts from the country's three top oil producers: PetroChina, Sinopec and China National Offshore Oil Corp (CNOOC).

Industry analysts said the finding would boost PetroChina's shares "to some extent."

But there would not be big fluctuation "because it will take years to turn new reserves into oil and gas output," said Hou Jixiong, a senior oil and gas analyst with Guotai Jun'an Securities Co Ltd.

According to the latest assessment, China has much more reserves than previously projected, said Che Changbo, deputy-director of the MLR's Oil and Gas Resources Strategic Research Centre.

China is expected to produce 180 million tons of crude oil and 48 billion cubic metres of natural gas this year. "The country will rely on domestic supplies for most of its energy demand," Che said.

(China Daily 12/15/2005 page1)



ASEAN Summit in Kuala Lumpur
68th anniversary of Nanjing Massacre marked
China-Thailand navy drill
  Today's Top News     Top China News
 

Wen: East Asia should embrace others

 

   
 

AP: China leader still dipleased with Japan

 

   
 

Kazakhstan set to open pipeline to China

 

   
 

Bush: Iraq invasion my responsibility

 

   
 

China confirms major natural gas find

 

   
 

China moves to fourth in global GDP rankings

 

   
  China moves to fourth in global GDP rankings
   
  Demonstrators jump into the sea to protest
   
  Private firms crucial for employment
   
  Nation to tighten regulation of donations
   
  New blacklist to supervise employers
   
  Gas supply cut off due to shortage
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 日韩精品一区二区三区国语自制| 精品无码成人网站久久久久久| 国语free性xxxxxhd| 中文乱码35页在线观看| 最近中文国语字幕在线播放视频| 亚洲欧美韩国日产综合在线| 粗大挺进朋友孕妇| 四虎国产精品永久免费网址| 韩国美女vip福利一区| 国产毛片久久久久久国产毛片 | 新梅瓶1一5集在线观看| 九九久久精品无码专区| 欧美大黑帍在线播放| 亚洲精品国产电影| 男人j进女人p免费视频| 又色又污又黄无遮挡的免费视| 青青草国产青春综合久久| 国产新疆成人a一片在线观看| 香蕉免费在线视频| 国产黄色一级片| 99精品国产在热久久无码| 好爽好黄的视频| 一本大道香蕉大无线视频| 成人国产精品免费视频| 中文字幕第一页在线播放| 日本动态图免费观看| 久久影院秋霞理论| 日韩精品免费电影| 亚洲AV网址在线观看| 欧美三级在线观看不卡视频| 亚洲国产精品久久人人爱| 欧美精品在线观看| 亚洲电影唐人社一区二区| 深夜福利一区二区| 亚洲视频在线看| 热99在线视频| 亚洲美女一区二区三区| 漂亮人妻洗澡被公强| 交换人生电影在线| 特级黄色一级片| 亚洲视频www|