China's CNPC Oil, Gas Output To Reach 300 MT Of Oil Equivalent By 2020



Reuters

BEIJING, April 26 (Reuters) - China National Petroleum Corp (CNPC), parent of PetroChina, said on Tuesday that its oil and gas output would reach 300 million tons of oil equivalent a year by 2020.

CNPC's domestic oil refining capacity will be capped at around 200 million tons a year by 2020, it said in its online company newspaper.

(Reporting by Beijing Monitoring Desk)



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