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    Home > Coatings News > Resin News > China's petroleum geological resources amount to 88.1 billion tons

    China's petroleum geological resources amount to 88.1 billion tons

    • Last Update: 2021-03-30
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online)October 9, 2012: China's petroleum geological resources increased to 88.
    1 billion tons.
    The Ministry of Land and Resources organized petroleum companies to carry out the latest dynamic evaluation The results show that China's petroleum geological resources have increased by 15% from the new round of national oil and gas resource evaluation completed earlier, reaching 88.
    1 billion tons, and the recoverable resources have increased to 23.
    3 billion tons.
    Since 2008, the Ministry of Land and Resources has organized oil companies to carry out dynamic evaluations on the Bohai Bay, Ordos, Sichuan, Pearl River Mouth, Qiongdongnan, and Beibu Gulf with large changes in resources.
    The results showed that the national petroleum geological resources increased by 15% to 88.
    1 billion tons, and the recoverable resources increased to 23.
    3 billion tons.
    The amount of natural gas geological resources increased by 49% to 52 trillion cubic meters, and the recoverable resources increased to 32 trillion cubic meters.
    It is reported that in order to find out the national oil and gas resources and provide a scientific basis for the formulation and implementation of the national medium and long-term development plan, the Ministry of Land and Resources, together with the Development and Reform Commission and the Ministry of Finance, organized a new round of national oil and gas resource evaluations in 2003.


    The results show that China has 76.
    5 billion tons of petroleum geological resources and 21.
    2 billion tons of recoverable resources.


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