China Launches New Round of Oil and Gas Exploration Strategy to Maintain Production Above 200 Million Tons in 2026

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According to the National Energy Administration's China Oil and Gas Exploration Development Report (2026) released recently, China's oil and gas industry will implement a new strategic action plan for oil and gas exploration and development in 2026. The initiative aims to increase exploration and development investment to ensure stable crude oil production above 200 million tons annually and continued growth in natural gas output.
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