Large oil deposit discovered in NW China Date: Friday, December 30 @ 02:54:33 PST Topic: Geology; Reserves; Oil Fields
A massive oil deposit of 500 million tons has been discovered in an area near Lanzhou, capital of northwest China's Gansu Province, an expert said Thursday.
The belt along Lanzhou, Yongdeng and Minhe has up to 340 million tons of oil deposit, the Yuzhong-Jingning-Jingyuan belt 160 million tons, said Liu Huaqing, an engineer with the Northwest Branch of the Petro China Exploration & Development Research Institute.
