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CN Oil & Gas Production Equivalent Sets All-time High in 2024
In 2024, the oil and gas production equivalent in mainland China hit a record high, exceling 400 million tons for the first time, and maintaining the momentum of rapid growth of te...
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In 2024, the oil and gas production equivalent in mainland China hit a record high, exceling 400 million tons for the first time, and maintaining the momentum of rapid growth of tens of millions of tons for eight years in a row, according to data released by the National Energy Administration (NEA).

Among which, crude oil production hit 213 million tons in 2024, up 24 million tons from 2018; and natural gas production amounted to 246.4 billion cubic meters, with an average annual growth of over 13 billion cubic meters in the past six years.

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PetroChina Changqing Oilfield, the largest oil and gas field in mainland, produced more than 1 billion tons of oil and gas equivalent.

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