China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2974)	3/24/2004 12:29:46 PM
From: RealMuLan	Read Replies (2) of 6370

China China makes breakthrough in oil exploration BEIJING - China has discovered 40 billion tons of offshore oil and natural gas reserves, according to the Ministry of Land and Resources, which said oil and natural gas reserves are concentrated in 38 depository basins in the territorial seas. A comprehensive evaluation shows that the total reserves may reach 35.1~40.4 billion tons in oil equivalent, with reserves in the offshore basins reaching about 21.3~24.5 billion tons of oil equivalent. atimes.com

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