PetroChina Changqing to Produce 63 million Tonnes of Oil, Gas by 2025

PetroChina Changqing to Produce 63 million Tonnes of Oil, Gas by 2025

PetroChina Changqing Oilfield Company, a subsidiary of PetroChina, is expected to produce 63 million tonnes of oil equivalent of crude oil and natural gas in 2025, according to Xinhua.

Production in 2019 reached 57.03 million tonnes, representing the seventh consecutive year that production surpassed the 50-million-tonne level, according to Fu Suotang, general manager of PetroChina Changqing Oilfield Company.

The oil and gas fields of Changqing Oilfield cover Shaanxi, Gansu and Shanxi provinces as well as Ningxia Hui Autonomous Region and Inner Mongolia Autonomous Region.

Changqing Oilfield has so far sent over 420 billion cubic meters of natural gas to more than 40 Chinese cities including the likes of Beijing and Xi’an, helping reduce carbon emissions by around 600 million tonnes.

 

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