Oil output in China grows 0.7 percent in 2014


(MENAFN) China's crude oil output increased 0.7 percent annually to 210 million tons in 2014, the Ministry of Land and Resources said, QNA reported.

This is the fifth consecutive year that oil output has stayed above 200 million tons, the ministry said in a statement.

Seven major oilfields, including Daqing in Heilongjiang Province, Shengli in Shandong Province and the offshore Bohai, all recorded production of more than 10 million tons, local media reported.

Output of natural gas grew 10.7 percent to 132.9 billion cubic meters, with 3.6 billion cubic meters being coal-bed gas and 1.3 billion cubic meters of shale gas.


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