• Natural Gas News

    China Discovered 616.4 Bcm of Gas Reserves in 2013

    old

Summary

China discovered around 616.4 billion cubic meters of natural gas reserves in 2013, a report by the Ministry of Land and Resources said, reports news agency Xinhua.

by: shardul

Posted in:

Asia/Oceania

China Discovered 616.4 Bcm of Gas Reserves in 2013

China discovered around 616.4 billion cubic meters of natural gas reserves in 2013, a report by the Ministry of Land and Resources said, reports news agency Xinhua.

According to the ministry, 381.9 billion cubic meters of natural gas can be exploited with the current technologies.

Country’s natural gas production last year stood at 117.6 billion cubic meters, rising 9.1 percent year-on-year.

Hydrocarbon discoveries maintained a strong momentum in 2013 with steady production increase as China strengthened its exploration efforts and made breakthroughs, said the ministry.

Sign-up for our free weekly newsletter update via email here