LINE

Text:AAAPrint
Economy

China's Daqing Oilfield sees stable crude oil output in 2017

1
2018-01-02 15:04Xinhua Editor: Mo Hong'e ECNS App Download

Daqing Oilfield, China's largest oilfield, saw stable production of crude oil and natural gas in 2017, according to the China National Petroleum Corporation.

Crude output in 2017 hit more than 39.5 million tonnes, including 5.5 million tonnes from Daqing's overseas oilfields, which saw an increase of 13.8 percent year on year.

Natural gas production of Daqing exceeded 4 billion cubic meters last year.

Daqing reported 170 million tonnes of new crude oil reserves and 12.4 billion cubic meters of natural gas reserves in 2017.

Discovered in 1959, Daqing oilfield is located in northeast China's Heilongjiang Province. For many years, the oilfield had an annual output exceeding 50 million tonnes of crude oil, but output has shrank due to dwindling reserves.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.