{dede:field2021.04.14 14:44
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Economic Daily reporter Huang Xiaofang
On February 25, 2021, the Ministry of Natural Resources held a press conference on the achievements of mineral exploration breakthroughs in the past decade, announcing that China has added 10.1 billion tons of new oil resources in the past decade, accounting for approximately 25% of the total identified since the establishment of the People's Republic of China. In the past decade, natural gas has added 6.85 trillion cubic meters of resources, accounting for approximately 45% of the total identified since the establishment of New China. 17 billion ton oil fields and 21 100 billion cubic meter gas fields have been discovered.
Yu Haifeng, director of the geological prospecting Department of the Ministry of Natural Resources, said that China's mineral resources exploration and development focus has shifted to the west and expanded to the sea area. The newly proved geological reserves and production of petroleum in western China account for 62% and 34% of the national total respectively,