URUMQI, Dec 20 (NNN-XINHUA) – A massive gas reservoir with expected reserves of over 100 billion cubic metres was found in northwest China’s Xinjiang Uygur Autonomous Region, according to PetroChina.
A preliminary probe indicates the reservoir, covering an area of 156 million square metres, beneath the middle of the southern rim of the Junggar Basin, contains 109 billion cubic metres of gas, said Huo Jin, general manager of PetroChina’s Xinjiang branch.
It is expected to be capable of producing 610,000 cubic metres of natural gas and 106.3 cubic metres of crude oil per day, according to Huo.
“The discovery marks a major breakthrough in gas exploration, in the southern rim of the Junggar Basin, which will further guarantee the gas supply of our company and contribute to the stability and prosperity of the region,” he said.– NNN-XINHUA