Daqing, China's largest oilfield located in the northeast, produced
41.7 million tons of oil and 2.6 billion cubic meters of natural
gas in 2007, a spokesman with China National Petroleum Corporation
(CNPC) said Thursday.
The figure was only slightly above the production target of
41.62 million tonnes of oil, and dropped by almost 4 percent
compared with 2006, as the output of this aging large oilfield kept
declining.
Daqing oilfield in Heilongjiang Province produced 43.41 million
tonnes of crude oil in 2006, down 3.4 percent from 2005.
It has been in operation for 47 years, and reached a peak in
output in 1975, turning out more than 50 million tonnes a year.
In 2007 China's oil output was projected to be at 186 million
tonnes, up 1.5 percent year-on-year.
(Xinhua News Agency January 4, 2008)
