VOL. XXXIV

NO. 23

11-MARCH-1991

Supply/Demand

China Produces 2.8mn b/d of Crude Oil during 1990

China exceeded its crude oil production targets during 1990 by averaging2.77mn b/d (138.3mn tons), making it the fifth largest oil producer in theworld, according to Beijing Xinhua radio. Natural gas production totaled 14.4bncu. ms. The radio attributed the figures to Mr. Zhou Yongkang, Vice President ofthe China National Petroleum Corporation (CNPC). China's largest oilfield,Daqing, produced 1.1mn b/d...