China's Tarim Field Hits Output Milestone
The Tarim oilfield, one of China’s biggest upstream projects, saw its output reach 30mn metric tons of oil equivalent for the year to December 21, its state-owned operator CNPC said on December 22 without offering a year-on-year comparison.
CNPC said it plans to raise production to 40mn mt of oil equivalent by 2025. The field is located in China's northwestern Xinjiang province and produced 28.05bn m3 of natural gas last year.
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Overall Chinese gas production came to 170.2bn m3 in January through November, up 9.3% yr/yr, data published on December 15 by the National Bureau of Statistics showed.