Big oil and gas discoveries

Big oil and gas discoveries

Source: www.chinamining.org         Citation: Global Times         Date: July 12, 2017

Almost half a trillion cubic meters of natural gas was found in the central and western parts of China in 2016, marking it a very successful year in oil and gas exploration, media reported on Tuesday. 

A total of 311 billion cubic meters of natural gas was discovered in the Erdos Basin in North China`s Inner Mongolia Autonomous Region, and about 152.8 billion cubic meters? of natural gas was found in the Sichuan Basin of Southwest China`s Sichuan Province, according to CCTV. Two oil fields with 100 million tons were found in the eastern part of Northwest China`s Gansu Province, said the report, which did not specify the exact measurements of the reserves.

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