
In 2012 china extracted 210,000,000 tons of oil
In 2013 China extracted 320,000,000 tons of oil equivalent, up 4.6% against 2012, said Pen Zimin, representative of the Chinese Ministry of Land and Natural Resources.
“According to the preliminary estimates, last year China extracted 210,000,000 tons of oil and 120.9 billion cub.m. of natural gas. This is up 1.8% and 1.9%, respectively, against the similar showings in 2012,” Zimin said.
According to his forecasts, in the coming years China will increase oil and gas production by in average 4.6% and increase it up to 700,000,000 tons in oil equivalent by 2030. Increase in production of these energy carriers will become possible owing to increase of their production in the northeastern regions, said representative of the Ministry of Land and Natural Resources.—0--
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