March 22, 2025
    Advanced Search 
  Home>News Center>Bizchina
       
 

Crude oil output hit 842m barrels: PetroChina
(AP)
Updated: 2006-01-16 11:44

PetroChina Co., the listed unit of China's largest oil and gas producer, said Monday its crude oil output last year rose 1.5 percent in 2005 to 842 million barrels.

That's the highest annual output since the company listed in Hong Kong and New York in April 2000, the company said. Output in 2004 was 829.2 million barrels.

The average selling price of its crude oil in 2005 was US$48.88 a barrel, up 44 percent from US$33.88 a barrel in 2004, as international oil prices soared on concerns about supplies and hurricane damage in the United States.

PetroChina said it sold 1.15 trillion cubic feet of natural gas in 2005, up 27 percent from 905.6 billion in 2004.

The company's average selling price of gas rose 4 percent in 2005 to US$2.08 per thousand cubic feet from US$2.00.

The bulk of the output growth came from the Changqing oilfield in the northwestern Chinese province of Shaanxi and the Tarim oilfield in the northwestern region of Xinjiang, PetroChina said in a statement.

Output at its flagship Daqing oilfield in the northeastern Heilongjiang province was flat last year, it said.

"China's economy is expected to grow steadily and demand for oil, gas and petrochemical products will remain strong," the company said.

It said it expects global crude oil prices to remain high "while market oriented pricing mechanisms for oil and gas are gradually strengthened domestically."

The company said it made several sizable oil and gas discoveries inside China and offshore China in 2005, and "expects to sustain a replacement ratio for crude oil reserves of above 100 percent."

PetroChina said earlier that oil exploration and acquisitions remain at the top of its agenda. China's energy demands are rising and the country now imports as much as 40 percent of the oil it needs.



 
  Story Tools  
 
Font Large Medium Small
E-Mail This Story
Print Friendly Format
Comment On This Story
Save This Story
 
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         

| Home | News | Business | Living in China | Forum | E-Papers | Weather |

| About China Daily | About China Daily.com.cn | Contact Us | Site Map | Jobs |
 Copyright 2005 Chinadaily.com.cn All rights reserved. Registered Number: 20100000002731
主站蜘蛛池模板: 国产无遮挡又黄又爽免费网站| bt天堂新版中文在线地址| 麻豆国产剧果冻传媒视频| 成av免费大片黄在线观看| 亚洲欧美综合一区| 调教视频在线观看| 在厨房被强行侵犯中文字幕| 久久精品国产亚洲精品2020 | 黑人巨大sv张丽在线播放| 女子校生下媚药在线观看| 乱人伦中文字幕电影| 玩肥熟老妇BBW视频| 国产成人精品123区免费视频| a级毛片免费高清视频| 日韩亚洲av无码一区二区三区| 亚洲自偷自偷在线制服| 麻豆md国产在线观看| 天堂资源在线中文| 久久久久无码国产精品不卡| 欧美色图综合网| 啊灬啊灬别停啊灬用力啊| 四虎最新紧急更新地址| 女人张开腿让男人做爽爽| 久久国产精品-国产精品| 欧美高清在线视频在线99精品| 国产AV无码专区亚洲AV麻豆| 老汉色av影院| 实况360监控拍小两口| 久久婷婷国产综合精品| 欧美牲交a欧美牲交aⅴ免费下载| 四虎永久在线免费观看| 五月天精品在线| 天使a中文在线观看| 久久99久久99精品| 桃花影院www视频播放| 亚洲视频在线观看地址| 色中色在线下载| 国产最新精品视频| 91麻豆果冻天美精东蜜桃传媒| 成人女人a毛片在线看| 久久综合狠狠综合久久综合88|