Tarim Oilfield to produce 15.7 billion cubic meters of natural gas this year

Tarim Oilfield, a major oilfield of PetroChina in northwestern China's Xinjiang Uygur Autonomous Region will produce 15.7 billion cubic meters of natural gas this year, up 4.7 billion cubic meters year on year, according to an official of Tarim Oilfield.

The oilfield has formed an annual gas transmission capacity of 15 billion cubic meters. Tarim Basin is the starting point of China's 4,200-kilometer-long west-east gas transmission project, which, with a designed gas transmission capacity of 12 billion cubic meters, has supplied natural gas to more than 80 large and mid-size cities in central and eastern China.

The newly-operating Yingmaili gas field developed by Tarim Oilfield is expected to become the second largest west-east gas supplier. With verified geological gas reserves of 65.6 billion cubic meters, it began to supply natural gas in April 2007.

Covered an area of 560,000 square kilometers, Tarim Basin has an estimated natural gas reserve of 10 trillion cubic meters. It produced 6.05 million tons of crude and 11 billion cubic meters of natural gas in 2006, with the oil and gas output equivalent breaking 15 million tons, ranking third among PetroChina's subsidiaries.