Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

CNPC’s 2010 Overseas Oil, Gas Output 85 Million Tons

Don't Miss Out —
Follow us on:

Dec. 8 (Bloomberg) -- China National Petroleum Corp., the country’s biggest energy producer, said new discoveries increased its overseas crude and gas output to about 85 million metric tons this year.

Overseas crude production rose 16 percent a year on average between 2006 and 2010, while overseas natural gas output gained 21 percent annually, CNPC, the parent of Hong Kong-listed PetroChina Co., said in its on-line newsletter today.

PetroChina has pledged to step up acquisitions and expand cooperation with global oil companies to help meet rising domestic demand. CNPC’s overseas crude output was 70 million tons last year while gas production reached 8.2 billion cubic meters, the state-controlled company said in January.

Oil processing at CNPC refineries outside China reached 10.1 million tons, unchanged from 2009, the Beijing-based company said today. Overseas crude refining volume climbed 2.6 percent a year on average between 2006 and 2010, CNPC said.

To contact the reporter on this story: Baizhen Chua in Beijing at

To contact the editor responsible for this story: Clyde Russell at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.