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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (829)9/23/2003 3:29:08 PM
From: RealMuLan  Read Replies (1) of 6370
 
China to add one more large oilfield

www.chinaview.cn 2003-09-23 11:04:08

  HOHHOT, Sept. 23 (Xinhuanet) -- A large oilfield capable of producing one million tons of oil annually will be built at Hailar Basin in north China's Inner Mongolia Autonomous Region, late in the 10th five-year-plan period (2001-2005).

  The news was announced Monday by Wang Fuchun, an official with the Development and Reform Commission of Bulun Buir city, Inner Mongolia.

  Chinese oil workers first discovered oil and gas resources in Hailar Basin in 1980s, but didn't make much progress in oil and gas reserve prospecting because of the complicated geological features of the basin, said Wang.


news.xinhuanet.com
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