Sinopec increases natural gas output
Sinopec, one of China's two leading onshore oil and gas producers and the nation's largest oil refiner, has decided
to increase its natural gas output goal in southwest China's Sichuan Province to 3 bn cm for this year, company
sources confirmed. The figure is 25 % higher than the original goal.
The revised output will be 36 % higher than the company's natural gas production in Sichuan last year, the sources
added.
In 2006 Sinopec produced approximately 2.2 bn cm of natural gas in Sichuan, or 30.6 % of the company's total gas
output of 7.2 bn cm, or 12.3 % of China's total.
To achieve the revised goal, the company plans to start drilling 40 new gas wells in the coming 100 days and build an
additional annual production capacity of 189 mm cm.