PetroChina's Tarim gas output rises 50%
Updated: 2007-12-28 15:36
PetroChina Co, the country's largest oil company, increased gas output from the Tarim field in Northwest China by more than 50 percent this year as demand for cleaner-burning fuel rises.
|
|||
"The field has become the nation's largest gas production base after less than 20 years of development," CNPC said in the statement.
China wants gas to account for a greater share of energy supplies to the world's fastest-growing economy, with use of the fuel projected to double in the five years ending 2010.
PetroChina has increased drilling and exploration this year to meet a target of boosting gas output 25 percent.
Tarim will supply 13.7 billion cubic meters of the fuel this year to the west-east gas pipeline that carries gas from Xinjiang to eastern cities including Shanghai, CNPC said. The 4,000-kilometer pipeline was completed in December 2004.
|
|