BEIJING (AFX-ASIA) – China’s largest oilfield, Daqing, has cut its crude oil output to 48.4 million tons in 2003, after maintaining an annual output level of well above 50 million tons for nearly three decades, the People’s Daily reported, citing sources from the oilfield. It was the first time Daqing cut its annual crude oil…
CHINA: Daqing oilfield 2003 crude oil output at 27-year low
Posted on January 12, 2004 by EnergyAsia