China has discovered huge gas reserves in the southwestern province of Sichuan, hoping that the find will help ease growing concerns about energy security, state media reported Monday.
A total of 3.8 trillion cubic metres (133 trillion cubic feet) of natural gas deposits have been found in the western part of the Sichuan Basin, the China Daily said, citing officials in Dazhou city, near the reserve.
The discovery is equivalent to about 60 years of China's total production at current output levels.
The oil field is the largest discovery in the country in more than four decades, with expected reserves reaching one billion tonnes or about 7.35 billion barrels.
....I'm sure our government is salivating (and planning).
2007-05-28
07:37:06
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