CNPC overseas oil and gas production capacity exceeds 80mln t/y
Friday, July 23, 2021 2:55 AM

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BEIJING, Jul. 23, 2010 (Xinhua News Agency) -- China National Petroleum Corporation (CNPC), China's largest oil and gas producer, said Friday its overseas oil and gas production capacity has exceeded 80 million metric tons (tonnes) a year by now.

In a report in its company-run newspaper China Petroleum Daily on Friday, CNPC said that the company has registered several breakthroughs in overseas operations, such as high-yielding oil wells found in Niger's Dibeilla-1 oilfield, Block H in Chad's Naramay region and Tuban discovery in Indonesia.

But the report did not give the detailed production data of these oil discoveries.

CNPC, parent of PetroChina (PTR.NYSE; 00857.HK; 601857.SH), announced in early June that that its overseas oil and gas output in the first quarter increased by 12.6 percent year on year.

CNPC said its natural gas production in overseas projects surged by 67 percent without mentioning the specific figure.

In 2009 CNPC produced 69.62 million metric tons (tonnes) of crude oil and 8.2 billion cubic meters of natural gas, respectively up 12 percent and 22 percent over 2008.

According to the company statistics, CNPC now has 81 oil and gas overseas projects in 29 countries and regions. (Edited by Qiu Jun, Qiujun@xinhua.org)

 

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