The Ministry of Natural Resources (MNR) said today (29th) that, during the 14th Five-Year Plan period, it worked with relevant departments to prioritize oil and gas as the top focus of a new round of strategic mineral exploration breakthrough action, with total investment of nearly RMB450 billion. A total of 225 large and medium-sized oil and gas fields were discovered in the Tarim Basin, Ordos and Bohai Bay. Of which, 13 are 100 million ton-level oilfields and 26 are 100 billion cubic meter-level gas fields.Related News JPM: China-US Leaders' Summit May Reach Framework for Further Talks; Focus on Chip, Agricultural, Aircraft and Crude Oil Deals
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