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China's Changqing Oilfield to produce 63 mln tonne…

Abstract : PetroChina Changqing Oilfield Company, a subsidiary of China's top oil and gas producer PetroChina, is expected to produce 63 million tonnes of oil equivalent of crude oil and natural gas in 2025.

XI’AN, June 28 (Xinhua) — PetroChina Changqing Oilfield Company, a
subsidiary of China’s top oil and gas producer PetroChina, is expected
to produce 63 million tonnes of oil equivalent of crude oil and natural
gas in 2025.

Last year, its oil and gas output reached 57.03 million tonnes of oil
equivalent, the seventh consecutive year that production reached the
50-million-tonne level, said Fu Suotang, general manager of PetroChina
Changqing Oilfield Company.

The oil and gas fields of Changqing Oilfield cover Shaanxi, Gansu and
Shanxi provinces as well as Ningxia Hui Autonomous Region and Inner
Mongolia Autonomous Region.

The huge amount of crude oil and natural gas produced since the
firm’s establishment in 1970 has played an important role in
safeguarding the country’s energy security. The company has applied new
technologies to boost production and extend the life cycle of crude oil
and natural gas wells.

Changqing Oilfield has so far sent over 420 billion cubic meters of
natural gas to more than 40 large and medium-sized Chinese cities
including Beijing and Xi’an, helping reduce carbon emissions by around
600 million tonnes, Fu said. Enditem

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Source: China's Changqing Oilfield to produce 63 mln tonne…

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