Chinese Latest Long-Term Oil Production Planning: Is it Achievable?

摘要

China's efforts to secure oil supply throughout the world are well documented; the Chinese domestic industry has received comparatively little attention. However, in this month's Geopolitics of Energy, Professors Jianlang Wang and Lianyong Feng of the China University of Petroleum and US-based energy analyst Gail Tverberg discuss some alarming issues, problems that will need to be addressed to ensure declining fields such as Daqing are managed effectively. The authors catalog the problems and offer solutions to lead to a more sustainable resource.