Home Business Politics Life Culture��Edu Sci��Tech Sports Photos
��Search
China Observer
�� Architectural crisis in China
�� Eight focuses of China's economy in 2006
�� New "Grandets" on the rise in Chinese cities
Photos
�� Largest Chinese Knot to be hung up
�� Hundred-year-old cinema reopened
�� Festival of delicious Chinese food
��Home>>Business
Oil output to hit 200mln tons
www.chinanews.cn 2005-12-11 15:38:18
(Source: Xinhua)
BEIJING, December 10 - China's annual oil output is expected to surpass
200 million tons in the 2010-2015 period, and the production capacity
will last for at least 15 years, a senior official with the Ministry of
Land and Resources said here on Saturday.
Addressing a forum on China's energy market building and energy risk
control, Che Changbo, deputy director of the ministry's Oil and Gas
Resources Strategic Research Center, said China's proven oil reserve
would increase 800 million to one billion tons a year on average between
2005 and 2020.
His estimate is based on the results of a new round of assessment on
China's oil and gas resources, which covers 129 basins.
The results indicate that China's natural gas output will move up
steadily in the coming 15 years to reach 90 billion or 110 billion cubic
meters by 2010, and to 150 billion or 170 billion cubic meters by 2020.
Che predicted that China's oil output will come to 183 million tons this
year and natural gas output to 50 billion cubic meters.
The nation's oil and gas exploration will see a new level if new
breakthrough can be made in Tarim basin, the East China Sea, the
Qinghai-Tibetan area and the South China Sea, Che said.
He advised to strengthen geological academic research on oil and gas
exploration and increase input in the sector to enhance exploration
technology.
��New CNOOC oil field starts operation
 
Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service
Learn Chinese, Chinese Online Class, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet
