Sichuan Basin

China, World’s No. 1 LNG Importer, Adding Natural Gas Reserves to Boost Options

China, World’s No. 1 LNG Importer, Adding Natural Gas Reserves to Boost Options

China Petroleum & Chemical Corp., aka Sinopec, has reportedly added natural gas reserves in the Sichuan Basin.  The state-owned company said it received certification from the Ministry of Natural Resources for another 30.55 billion cubic meters (Bcm) of proven reserves in a deep natural gas reservoir in the Bazhong field of the Sichuan Basin, according…

August 21, 2023
Sinopec Books More Unconventional Natural Gas Reserves as China Works to Raise Output

Sinopec Books More Unconventional Natural Gas Reserves as China Works to Raise Output

China Petroleum & Chemical Corp., aka Sinopec, said Tuesday it has proved more unconventional natural gas resources in the Sichuan Basin as the country works to boost its domestic output.  State-owned Sinopec said it proved another 34 billion cubic meters (Bcm) of gas reserves in the Zhongjiang field in the southwestern part of China. The…

August 18, 2021