Strategic position of oil industry in Xinjiang is outstanding
[2008-4-3]
The black oil and white cotton are becoming more and more important in our economy. With the execution of the resource advantage transferring in self-autonomy district, strategic position of oil industry in Xinjiang will become more and more important.
The largest resource advantage is of oil-gas. The execution of strategy of the resource advantage transferring to realize fast grow of economy in 5-10 years in future can't depart from growth of Petroleum industry, and the economic span of the next 5 years will develop and become a economic point in a new stage.Petroleum industry accounts for 60% in industry of Xinjiang. If Petroleum and petrochemical development is slow, it is hard to realize a fast and healthy development of national economy of Xinjiang.
In the past 10 years, investment in exploration of oil and gas was usually beyond hundred billion RMB. West is always the focus point of oil in China and Xinjiang is the main battlefield for exploration and development for oil and gas in China.
"West gas, East transportation", the symbol of west development is processing successfully. It will bring great economic benefit in 2 years. Experts predicts that the initial stage of project will carry 120 hundred million m3, which is about 120,000,000 tons of crude oil. It is a great stage in Xinjiang and 3-4 percentage point will be in economy of Xinjiang.
Xinjian is now programming utilization of natural gas. The downstream products will exert great influence in economy in Xinjiang in 10 to 20 years. Mr.Wang Lequan said, though there are some projects of oil and gas processing in the self-autonomy, less utilization . In the future 5,10 and 20 years, we should pay great attention to the development of natural gas. Xinjiang will invite excellent technical experts to program the product processing and invite business widely. By way of processing of oil and gas, the resources of oil and gas will exert great influence in a long period of 10-20 years.
There is a great space for oil and petrochemical development. With experts estimation, crude oil output in Xinjiang is supposed to catch up with it of Shengli oilfield in 2005.Then it'll become the 1st oil-producing area in China to realize strategic relay of oil industry to soar the economy in Xinjiang.
The largest resource advantage is of oil-gas. The execution of strategy of the resource advantage transferring to realize fast grow of economy in 5-10 years in future can't depart from growth of Petroleum industry, and the economic span of the next 5 years will develop and become a economic point in a new stage.Petroleum industry accounts for 60% in industry of Xinjiang. If Petroleum and petrochemical development is slow, it is hard to realize a fast and healthy development of national economy of Xinjiang.
In the past 10 years, investment in exploration of oil and gas was usually beyond hundred billion RMB. West is always the focus point of oil in China and Xinjiang is the main battlefield for exploration and development for oil and gas in China.
"West gas, East transportation", the symbol of west development is processing successfully. It will bring great economic benefit in 2 years. Experts predicts that the initial stage of project will carry 120 hundred million m3, which is about 120,000,000 tons of crude oil. It is a great stage in Xinjiang and 3-4 percentage point will be in economy of Xinjiang.
Xinjian is now programming utilization of natural gas. The downstream products will exert great influence in economy in Xinjiang in 10 to 20 years. Mr.Wang Lequan said, though there are some projects of oil and gas processing in the self-autonomy, less utilization . In the future 5,10 and 20 years, we should pay great attention to the development of natural gas. Xinjiang will invite excellent technical experts to program the product processing and invite business widely. By way of processing of oil and gas, the resources of oil and gas will exert great influence in a long period of 10-20 years.
There is a great space for oil and petrochemical development. With experts estimation, crude oil output in Xinjiang is supposed to catch up with it of Shengli oilfield in 2005.Then it'll become the 1st oil-producing area in China to realize strategic relay of oil industry to soar the economy in Xinjiang.
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