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China plans to increase domestic oil, gas supplies to 440m tons of oil equivalent in total, and pave 20,000 km more pipelines by 2030

2026-08-18 09:48   环球时报网英文版

  The target shows that China is increasing the reserve of oil and gas amid the complex geopolitics background, Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University, told the Global Times on Monday.

  "Geographically, we are short on oil and gas. But China has every confidence in facing its energy challenges, for our reserves and capacity in wind and solar power are strong," Lin added.

  China"s total oil and gas output reached 420 million tons of oil equivalent in 2025, a new record high, according to a report released by the NEA in July this year.

  Crude oil output hit an all-time high of 216 million tons in 2025, while natural gas output registered an annual increase of over 10 billion cubic meters for the ninth consecutive year, marking a notable improvement in the country"s independent energy security capacity, according to the NEA.

  China"s shale oil output exceeded 8.5 million tons in 2025, more than 10 times the volume recorded in 2018.

  In 2026, the sector will launch a new round of strategic oil and gas exploration campaign, continue to increase investment in the sector, and maintain domestic crude oil output above 200 million tons while further increasing natural gas output.

  Global Times

  

责编:徐明业

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