OREANDA-NEWS. March 06, 2012. China's ministry of land and resources report released in 2011, said China's natural gas production rapidly, the first time exceeded billions cubic meters, for 101.115 billion cubic meters, an increase of 7.3%. Ordos basin, the sichuan basin, is still the major Chinese natural gas.

In 2011 China petroleum and natural gas and main solid mineral resources situation conference, department of land and resources mineral resource reserve chief of big xu pure introduced in 2011, said China's natural gas exploration of new verified geological reserves of 765.954 billion cubic meters, an increase of 29.6%. Our new technical recoverable reserves of 395.665 billion cubic meters, up 37.6%, and maintain the high speed increase. New verified geological reserves super large gas fields of billions cubic meters have 2, respectively for changqing's southern yuan and Sue dam. New verified geological reserves more than 30 billion cubic meters of basin has 4, respectively in the sichuan basin, ordos basin, tarim basin and songliao basin.

The latest statistics show that in oil, in 2011 China oil production 201 million tons, and the same as in 2010. Annual oil exploration of new verified geological reserves of 1.37 billion tons, an increase of 20.6%, is the ninth since the founding of more than 1 billion tons of the year.