Related News
China's leading oil producer to triple natural gas production
Source: Xinhua |
September 13, 2009, Sunday
|
Online Edition
Online Edition
DAQING Oilfield, China's No.1 terrestrial oil producer, is expected to triple its natural gas production while stabilizing crude output in the years to come.
Wang Yongchun, general manager of Daqing Oilfield Co. Ltd., confirmed today his company would be producing 8 to 10 billion cum of natural gas annually by 2020, accounting for 20 to 25 percent of the company's oil and gas production total.
The target has been written in a document entitled "Outlines Regarding Sustainable Development of Daqing Oilfield" which was completed in June this year.
Discovered in 1959, development of the Daqing Oilfield began in the next year. It has so far produced more than 2 billion tonnes of crude, accounting for 40 percent of the national total for the same period.
The oilfield produced 40.2 million tonnes of crude oil and 2.76 billion cubic meters of gas (equivalent to 2.76 million tonnes of oil) last year. The gas output accounted for 6.4 percent of the oilfield's oil and gas total.
The geological gas reserves around Daqing Oil field has been estimated at 1 trillion cubic meters. But the proven gas reserve was only 100 billion cu m by 2005, said Wang.
Local residents in Daqing and Harbin, two cities in Heilongjiang Province, have benefited from the company's intensified gas extraction plan.
Natural gas produced by Daqing Oilfield has been used as fuel in nearly 600,000 homes, and the number will go beyond 1 million by the end of this year, according to fuel gas companies in Daqingand Harbin.
Wang Yongchun, general manager of Daqing Oilfield Co. Ltd., confirmed today his company would be producing 8 to 10 billion cum of natural gas annually by 2020, accounting for 20 to 25 percent of the company's oil and gas production total.
The target has been written in a document entitled "Outlines Regarding Sustainable Development of Daqing Oilfield" which was completed in June this year.
Discovered in 1959, development of the Daqing Oilfield began in the next year. It has so far produced more than 2 billion tonnes of crude, accounting for 40 percent of the national total for the same period.
The oilfield produced 40.2 million tonnes of crude oil and 2.76 billion cubic meters of gas (equivalent to 2.76 million tonnes of oil) last year. The gas output accounted for 6.4 percent of the oilfield's oil and gas total.
The geological gas reserves around Daqing Oil field has been estimated at 1 trillion cubic meters. But the proven gas reserve was only 100 billion cu m by 2005, said Wang.
Local residents in Daqing and Harbin, two cities in Heilongjiang Province, have benefited from the company's intensified gas extraction plan.
Natural gas produced by Daqing Oilfield has been used as fuel in nearly 600,000 homes, and the number will go beyond 1 million by the end of this year, according to fuel gas companies in Daqingand Harbin.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
