ONE BILLION tons reserves new oilfield discovered in eastern Hebei Province

ONE BILLION tons reserves new oilfield discovered in eastern Hebei Province
May 8, 2007 02:15
CAOJUAN157 Points: Join Date: Mar 13, 2007 Status: offline	The latest News report said that a rich oilfield—Nanpu Oilfield had been discovered in eastern Hebei Province. Its oil reserves reach up to one billion tons and the general manager of CNPC (China National Petroleum Corporation) says that if the annual output is 10 million tons, the oilfield could be exploited for 100 years. This will surely guarantee the supply for China’s domestic oil demands in the long run.

May 8, 2007 02:15

CAOJUAN157
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Join Date: Mar 13, 2007
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The latest News report said that a rich oilfield—Nanpu Oilfield had been discovered in eastern Hebei Province. Its oil reserves reach up to one billion tons and the general manager of CNPC (China National Petroleum Corporation) says that if the annual output is 10 million tons, the oilfield could be exploited for 100 years. This will surely guarantee the supply for China’s domestic oil demands in the long run.

May 8, 2007 02:58	#1
JIMMYB Points: Join Date: Feb 7, 2007 Status: Offline	Yes, it's really a good news. China is now importing more and more petro.Finding a new oilfield is indeed a great help to our economy and strategy. Even the stock of CNPC raised after the news revealled!!

May 8, 2007 04:05	#2
CAOJUAN157 Points: Join Date: Mar 13, 2007 Status: Offline	It's Chinese people's good fortune to live in such a big country endowed with rich resources. But it is crucial that we should use the energy in a rational way.

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