Far East: Energy demands spur developments ///

China. The three largest Chinese firms – CNPC (PetroChina), Sinopec and CNOOC – control most oil/gas operations, operating principally in the north and west, the south and east and offshore, respectively. Estimated oil production in 2002 averaged 3.25 MMbopd, with net imports of 1.6 MMbopd. Gas production in 2002 averaged 2,320 MMcfd, with most undeveloped reserves in the isolated West.

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