Introduction:
- The cumulative oil and gas production of Tarim Oilfield, the largest ultra-deep oil and gas production base in my country, reached 150 million tons, equivalent to 37% of the national oil and gas production last year.
- In 2024, my country’s total oil and gas production exceeded 400 million tons of oil equivalent for the first time, of which 213 million tons of crude oil production were close to the historical peak, and natural gas production was 246.4 billion cubic meters, an increase of 10 billion cubic meters for eight consecutive years. In 2025, the national crude oil production will stabilize at more than 200 million tons and the continued increase in natural gas production.
- Since the 18th National Congress of the Communist Party of China, the country has attached great importance to oil and gas exploration, development and increase reserves and production, and has issued several regulations and documents on mining rights management, which has greatly encouraged the oil and gas industry to increase investment and deepen technological innovation, and has strongly supported my country’s oil production to return to 200 million tons and the rapid production of natural gas.
-
Institutions believe that global crude oil supply expectations gradually rebounded in the first and second quarters of this year, and the oil price center fell, but it is still at a medium and high level, which is expected to drive the oil and gas mining, refining and trade sectors to maintain a high prosperity. Natural gas city-gas business is expected to grow steadily, and traders can expand imports or seize the opportunities of resale in the international market to increase profit margins.
The full text has a total of 2018 words, and the following is a detailed interpretation:
For more exciting content, follow Titanium Media WeChat account (ID: taimeiti), or download Titanium Media App