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PetroChina output up in 1st 6 months
www.chinanews.cn 2005-07-16 20:19:58
(Source: China Daily)
BEIJING, July 16 - Soaring energy demand in China has driven PetroChina's
crude output up 2 per cent, and gas up 23.4 per cent in the first six
months year-on-year.
The country's largest oil and gas producer yielded the equivalent of 481
million barrels of oil and gas during the first half of the year, an
increase of 5.3 per cent from a year earlier, PetroChina said on Friday
in a statement on its web site.
Its crude oil production reached 396 million barrels from January to
June, an increase of 8.1 million barrels on the same period last year.
On the gas front, the company said, solid domestic demand as well as
enhanced pipeline facilities have pushed PetroChina's gas turnover up
23.4 per cent, or 96 billion cubic feet, to top 506.3 billion cubic feet
for the first six months.
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