Important find. China reported the discovery of largest metamorphic rock deposit in the worldLocated in the Bohai Seaaccording to the China National Offshore Oil Corporation (CNOOC). In the announcement made last Sunday, February 25, it was stated that the reserves of this oil field will be able to produce about 2,040 barrels of crude oil and 320,000 cubic meters of gas per day.
The discovery, which represents a momentous step for the Asian country in its search for its own resources, took place in an oil field about 170 kilometers from the municipality of Tianjin. Bozhong 26-6. In this way and after the approval of the environmental impact study, operations will begin soon, according to the media. The Economist.
The Bozhong 26-6 oil field is an important oil and gas field in the region. Photo: Rob Ellis/iStock
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What are the features?
The oil field deposit Bozhong 26-6 It consists largely of metamorphic rocks, which are formed by the transformation of other types of rock or by increasing their temperature or pressure. These areas are exposed to corrosion due to weather or tectonic deformation.
Zhou Jiaxiongdeputy general manager of CNOOC's Tianjin branch said that the gasoline refined thanks to the Bozhong 26-6 oil field can meet the daily needs of a population of one million people for more than 20 years.
On the other hand, it will enable the extraction of more than 11,000 million cubic meters of domestic natural gas, which will benefit one million residents for over 60 years.
The Bozhong 26-6 oil field is located in the south of the Bohai Sea. Photo: CNOOC Limited
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Although several international oil companies drilled more than 80 wells in search of oil and gas, they eventually succeeded thanks to advances in Chinese technology.
What is the situation of oil production in China?
According to the National Energy Administration, China will have reached one in 2023 Record production of oil and gaswith something 208 million tons. This figure represents an increase of around 3 million tonnes compared to 2022.
On the other hand, natural gas production exceeded 230,000 million cubic meters, an increase of 6% compared to 2022. For the analyst Li Ziyuesaid growth would be due to the wealthy investments that the Asian giant has presented in recent years.
“China has focused its attention on increasing oil and gas capacity and storage and introducing advanced technologies to strengthen energy security and reduce its dependence on foreign energy resources,” Li told the local newspaper. ChinaDaily.
China's oil industry is expected to grow 26-6 with Bozhong. Photo: @ShanghaiEye/X
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What is the largest oil reserve in the world?
The Orinoco oil belt is notable not only for being one of the largest oil reserves in the world, but also for its crucial role in the Venezuelan economy.
According to the state-owned company Petróleos de Venezuela (PDVSA), there are estimated to be around 300,878 million barrels of crude oil in the area.