China National Petroleum Group said on March 2 that during the “12th Five-Year Plan†period, its Xinjiang oilfield is expected to add 120 million tons of proven geological reserves per year and 50 billion cubic meters of new natural gas reserves. On January 18, PetroChina stated that as of the middle of the month, the daily production of natural gas in the Xinjiang oilfield remained at more than 11 million square meters, and 6.3 million cubic meters of natural gas were exported, of which the daily gas supply to some cities in northern Xinjiang was close to 4 million. Xinjiang Oilfield accumulated a total of 1.3225 million tons of crude oil in 2010, and the new well produced 566,000 tons of crude oil. The scale of construction basically recovered to the level before the international financial crisis. Elevator Gear Machine,No Counterweight Roller Machine,Engine Lifting Machine Shanghai Mengtenali Drive Equipment Co.,Ltd , http://www.monadrive.com
Xinjiang's "Twelfth Five-year Plan" expects to increase annual oil reserves 120 million tons