CNPC beats H1 2017 oil and gas production targets

China National Petroleum Corp.’s domestic oil and gas output exceeded targets in the first half of 2017.
By Staff reporter 31 July 2017 0 26987

China National Petroleum Corp.’s domestic oil and gas output exceeded targets in the first half of 2017, with gas sales increasing by “double digits”, the NOC said on Monday.

The announcement cited a speech made on Friday in Jilin province by Zhang Jianhua, the company’s general manager. Zhang said regional oil and gas units should make every possible effort to cut costs in H2 to help meet annual profit targets.

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