China's CNOOC to increase oil, gas output through 2030, executive says
26/03/2026 10:14
March 26 (Reuters) - CNOOC 600938.SS may increase its domestic crude oil production to 65-70 million metric tons annually by 2030, up from the current 61 million tons, a company executive told a results briefing on Thursday. CNOOC's domestic natural gas output is likely to exceed 40 billion cubic meters (bcm) per year by 2030, up from 30 bcm now, senior vice president Yan Hongtao told the meeting, adding that CNOOC is still finalising its output plan for 2026 through 2030. (Reporting by Chen Aizhu) ((colleen.howe@thomsonreuters.com;))
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