Sinopec reserves up

   Date:2008/01/24     Source:

CHINA Petrochemical Corporation (Sinopec) said yesterday that the nation's second largest oil field's proven oil reserves were 11.79 percent higher than previously thought due to exploration efforts.

Further exploration in the field revealed that reserves in Shengli oil field were 102.03 million tonnes, 12.03 million tonnes more than previously thought, said Sinopec, the country's largest oil refiner.


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