China's oil and natural gas production in 2008 maintained double digit growth with an increase of 13.7 percent, according to the China National Petroleum Corporation (CNPC). This was the sixth consecutive year that China’s oil and natural gas production recorded double digit growth.
Relevant statistics also show that the growth rate of China’s natural gas output in recent years has surpassed the average annual global growth rate of 4 percent, with China’s natural gas output already jumping to ninth in the world. China has not only become a major oil producing country in the world, but also one of the world’s major natural gas producing countries.
According to sources from CNPC, China has made timely adjustments to oil and natural gas output structures in 2008 based on market changes, and has accelerated the pace of construction in key natural gas provinces. Among those, Tarim Oilfield recorded a natural gas output of 17.4 billion cubic meters, continuing to be the largest natural gas province in China. Changqing Oilfield had a net increase of 3.37 billion cubic meters in natural gas production, ranking first in increased production for CNPC. Southwest Oil and Gas Field produced nearly 15 billion cubic meters of natural gas, steadily advancing in becoming a major strategic gas province. Qinghai Oilfield had an increase of 28.3 percent year-on-year in natural gas output, making it one of the gas provinces with the largest growth.
By People's Daily Online