They find enough oil in western China to supply the country for 2 years

The Chinese oil company Sinopec discovered a deposit of 1,700 million tons of oil in the western region of Xinjiang, local media reported this Thursday. “These reserves could cover China’s national demand for two years, which consumes 800 million tons a year” , explained the director of the Chinese Center for Energy Economics Research, Lin Boqiang, quoted by the Global Times newspaper. However, “not all the oil found can be extracted,” Lin added. According to state media, the field The oil well, which reaches a depth of 7,300 meters, is one of the deepest in the world. The exploration project includes 41 wells with a depth greater than 8,000 meters and 76 that go between 7,500 and 8,000 meters into the earth’s surface. Sinopec has established four oil and natural gas fields in the Tarim Basin, located in Xinjiang and rich in oil and gas resources, housing, according to local media data, around 83% and 64% of the Asian giant’s oil and gas reserves, respectively.