Tarim Oilfield to raise annual output to 30 mln tonnes
Xinhua,January 30, 2018 Adjust font size:
URUMQI, Jan. 30 (Xinhua) -- The Tarim Oilfield in northwest China's Xinjiang Uygur Autonomous Region plans to increase its annual output to 30 million tonnes of oil equivalent in 2020.
Output will rise by 5 million tonnes in the next three years, said PetroChina Tarim Oilfield Company Tuesday.
Helped by the growing output of Tarim Oilfield, PetroChina plans to increase its total output in Xinjiang to 50 million tonnes of oil equivalent.
In January, the daily output of crude oil and gas from Tarim Oilfield rose 4.2 percent and 1.3 percent year on year, respectively.
As one of China's largest natural gas producers, the Tarim field has been a key provider for a 4,000-km pipeline project bringing natural gas from west to east.
In 2017, the Tarim field reported a total natural gas output of about 25.3 billion cubic meters. Meanwhile, its petroleum production hit 5.2 million tonnes.
Tarim's natural gas reserves account for 22 percent of China's total. Enditem