Exploration & Production

Gas to account for more than half of CNPC’s domestic output by 2020

Gas will make up more than half of CNPC’s domestic output by 2020.
By Staff reporter 27 September 2018 0 32703

Gas will make up more than half of China National Petroleum Corp.’s (CNPC’s) domestic output by 2020, China Daily reported on Thursday, citing CNPC President Zhang Jianhua.

Speaking at an Oil & Gas Climate Initiative event in New York on Wednesday, Zhang said that “new energy” will account for more than 10% of CNPC’s total production value by 2025.