Research and Markets: Booming China's Energy Market Report

Research and Markets (http://www.researchandmarkets.com/research/3c1762/china_energy_marke) has announced the addition of the "China Energy Market Report and Map" report to their offering.

Map info - Energy Map of China, 2000:

All oil and gas fields; oil, gas and product pipelines; including those currently planned or under construction. All Chinese internal boundaries, provinces, autonomous regions, municipal zones, special economic zones and special development zones which are open to foreign exploration and development.

This new report details the current and future state of the energy industry in China.

This report is for strategists and researchers seeking to identify market potential for their products and services in all sectors of the China energy industry.

Give yourself the competitive edge with this soon-to-be published report.

China's Energy Production China's petroleum resources are a key to its industrial development. Crude oil production increased from 102,000 barrels per day in 1960 to 3.3 million per day as of 2002. In 1998 China had proven reserves of 24 billion barrels. The major producing centers are the Daqing field in Heilongjiang, which came into production in 1965 and accounts for nearly one-third of national production, and the Liaohe field, located in northeastern China. In addition to numerous other mainland finds, China has potential offshore reserves in the Bo Hai area (thought to have reserves of over 1.5 billion barrels) and the South China Sea, especially in the vicinity of Hainan Island.

After rising dramatically in the early 1980s, owing largely to the discovery and exploitation of vast deposits in Sichuan Province during the late 1950s and early 1960s, natural gas output stagnated somewhat in the late 1980s. In 2002 natural gas supplied only 3% of the country's energy. However, with proven reserves totaling over 1.4 trillion cu m (48 trillion cu ft), it was expected that consumption would triple by 2010. In 2000, total national production reached 27.2 billion cu m (960 billion cu ft).

For more information visit http://www.researchandmarkets.com/research/3c1762/china_energy_marke.

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