CNPC to sharpen focus on clean energy
China National Petroleum Corp, the country's largest oil and gas producer, said on Thursday that it will further diversify its business and expand cooperation to meet the country's growing demand for clean energy.
The State-owned energy giant will continue to expand natural gas development, especially the development and utilization of unconventional gas, including shale and coal-bed gas. At the same time, it will also step up the use of new energy and new materials to meet the growing demand for clean and high-quality energy in the country, it said in its 2020 social responsibility report.
CNPC produced more than 160 billion cubic meters of natural gas last year, with domestic production reaching 130.6 billion cubic meters, up 9.9 percent on a yearly basis and accounting for 70 percent of the country's total natural gas output last year, it said.