Wednesday, August 01, 2007

Changqing Oilfield Co.- Pacemaker of Rapid Growth of Oil Reserve in China

Crude oil production of Changqing Oilfield Co. presents robust growth in this year. The total production of crude oil accumulated to 5.96 million ton in the first half year. In late July, the daily production of crude oil indicates the paces of achieving the production of 12.01 million ton as prescribed in the plan for the whole year. Thus it can turn to be the 5th oilfield that exceeds output of 10 million ton for whole year, following the examples of Daqing, Shengli, Liaohe and Xinjiang Oilfield, and becoming the pacemaker of the rapid growth of oil storage in China.

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