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BEIJING, Jan. 31 (Xinhuanet) -- China has experienced
a stable growth in its domestic oil and gas supplies over the last five years,
according to the National Development and Reform Commission(NDRC).
Statistics show that China's crude oil output increased from 165 million tons in 2000 to 183 million tons in
2005, and the output of natural gas rose from 27 billion cubic meters to 47.5
billion cubic meters.
New breakthroughs in oil and gas exploration were
made in the past five years as the traditional oil fields in East China, such as
Daqing, maintained a steady growth.
Oil fields capable of producing high yields were
discovered in west China including Xinjiang Uygur Autonomous Region, Ningxia
HuiAutonomous Region, and Qinghai, Gansu and Shaanxi provinces, and in offshore
China's Bohai Bay.
Between 2000 and 2005, six large-scale natural gas
zones were discovered in the Tarim, Ordos, Sichuan and Qaidam basins, in the
South China Sea and in the East China Sea.
Petroleum and natural gas began to play bigger roles
in China's energy consumption structure.
In 2000, 16.6 percent of China's energy demand was
met by petroleum, in 2005 it was 22.7 percent. Consumption of natural gasrose
from 2.1 percent in 2000 to 2.6 percent in 2005.
China strengthened infrastructure during this period
to support the soaring oil and gas demand of the country.
The great pipeline carrying natural gas from China's
energy-rich West to the energy-thirsty East was completed at the end of 2004.
By the end of the following year, China had built up
a basic pipeline network for natural gas stretching 24,000 kilometers, with
20,000 kilometers for oil products.
Between 2000 and 2005, China amended relevant
regulations for closer cooperation with foreign partners.
By the end of 2005, China had signed a total of more
than 200 contracts with foreign petroleum partners, attracting foreign capital
of over 9.3 billion U.S. dollars and boasting contracted acreage of over 1.05
million square kilometers. Enditem |