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Energy

China Sets Record Oil Output as Gas Production Surges

China achieved record crude oil production of 216 million tons in the past year, with natural gas output also climbing significantly.

According to the National Energy Administration, China produced 216 million tons of crude oil in the most recent reporting period, marking an all-time high for the country's hydrocarbon sector. The production surge was accompanied by substantial gains in natural gas output, which increased by 10 billion cubic meters during the same timeframe.

When measured in oil-equivalent terms, China's combined oil and gas production reached 420 million tons—the highest level on record. The achievement reflects continued expansion of the country's energy infrastructure and extraction capabilities as Beijing pursues energy security objectives amidst global supply concerns.

Chinese state energy companies have simultaneously strengthened their resource base, discovering and classifying 1.32 billion barrels of new recoverable oil and gas reserves. The consistent production growth, maintaining its annual expansion rate for the ninth consecutive year, underscores the sustained capacity of the nation's energy sector to meet domestic demand pressures.

ChinaOil ProductionNatural GasEnergy SecurityCommodity Markets
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