China's Changqing oilfield hits 60 mln TOE production mark
Changqing oilfield, China's largest
oil-and-gas field, has produced over 60 million tonnes of oil equivalent (TOE)
of crude oil and natural gas so far this year, hitting the milestone 10 days
earlier than last year, the company said Friday.
Located in northwest China's Erdos
basin, the oilfield had produced more than 24.4 million tonnes of crude oil and
44.7 billion cubic meters of natural gas as of 2 p.m. Friday, according to
PetroChina Changqing Oilfield Company.
Last year, it became the first
oilfield in China to pass the 60-million-tonne mark in annual oil and gas
output, a landmark in China's energy history.
Changqing oilfield, with over 50
years of history, has played an important role in safeguarding the country's
energy security, supplying gas to more than 50 cities in north and northwest
China.
The oilfield is contributing to
China's ongoing efforts to replace coal with clean energy sources such as
natural gas. Its natural gas production is expected to exceed 47 billion cubic
meters this year, hitting a record high. Source: Xinhua