China's CNOOC to increase oil, gas output through 2030, executive says
Reuters
Yesterday
China's CNOOC to increase oil, gas output through 2030, executive says
March 26 (Reuters) - CNOOC 600938.SS may increase its domestic crude oil production to 65-70 million metric tons annually by 2030, up from the current 61 million tons, a company executive told a results briefing on Thursday.
CNOOC's domestic natural gas output is likely to exceed 40 billion cubic meters (bcm) per year by 2030, up from 30 bcm now, senior vice president Yan Hongtao told the meeting, adding that CNOOC is still finalising its output plan for 2026 through 2030.
(Reporting by Chen Aizhu)
((colleen.howe@thomsonreuters.com;))
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.