Luliang oilfield hits million-ton mark

Luliang oilfield has become the third field in the Junggar Basin in the far west of the country to produce more than 1m tons of crude oil a year, according to officials at the Xinjiang Oilfield Co. Daily production at Luliang has increased from 1,000 tons in June last year to the present 3,000 tons.

China is now the third largest oil consumer after the US and Japan, said Xinhua. It consumed 200m tons of oil in 2001, of which 65m tons was imported.