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    PetroChina Finds Gas in Xinjiang: Xinhua

Summary

The gas field is located in the Tarim Basin.

by: Shardul Sharma

Posted in:

Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, Exploration & Production, News By Country, China

PetroChina Finds Gas in Xinjiang: Xinhua

Chinese state PetroChina October 3 announced a gas discovery in Xinjiang's Tarim Basin, Xinhua reported the same day.

According to the news agency the company has “discovered a huge gas field” with an estimated reserve of 115.3bn m3.  A PetroChina official said the company has completed a successful test of a well in the gas field, with the output of 418,200 m3/day of natural gas. The field is expected to start production in November.

The field is also estimated to contain 21.66mn metric tons of gas condensate, Xinhua reported.