CHINA'S oil and gas production in 2024 surpassed 400 million tons of oil equivalent (TOE) for the first time, according to data released on Monday by the National Energy Administration (NEA).
Crude oil output reached 213 million tons, an increase of 24 million tons compared with 2018, with annual growth exceeding 10 million tons for eight consecutive years. Natural gas production hit 246.4 billion cubic meters (bcm), achieving an average annual increase of more than 13 bcm over the past six years, the NEA said.
