CHINAUS AFRICAASIA 中文双语Français
China\Society

Large oil field discovered in Xinjiang

Xinhua | Updated: 2017-12-01 14:26

URUMQI -- An oil company announced Thursday that it had found a conglomerate oil field with an estimated one-billion-tonne reserve in the Junggar Basin in Xinjiang Uygur Autonomous Region.

The oil field in the Mahu Area, with a proven reserve of 520 million tonnes, may store up to 1.24 billion tonnes, according to the PetroChina Xinjiang branch,

Tang Yong, a geologist with PetroChina that is a leading oil producer in the country, said the area had the natural conditions for another one-billion-tonne reserve discovery.

New oil production capacity of 1.38 million tonnes has been built in the area over the past two years. Over six million tonnes of new capacity has been planned for 2016 to 2020.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US