China’s push for overseas E&P pays off

Foreign production up - but little equity oil makes it to domestic market

Reserves: A worker at the Halfaya oilfield in Iraq, one of at least four CNPC overseas production bases.
Reserves: A worker at the Halfaya oilfield in Iraq, one of at least four CNPC overseas production bases.Photo: REUTERS/SCANPIX
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Published 12 March 2020, 10:14Updated 11 August 2020, 07:57