In 2025, domestic crude oil production will continue to increase, and the sources of crude oil imports have expanded to around 40 countries.
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From the National Energy Administration, it is understood that domestic crude oil will continue its production growth in 2025, with significant achievements in import diversification. During the "14th Five-Year Plan" period, annual crude oil production returned to the 100 millions ton level and remained steadily increasing. In 2025, crude oil production will reach 216 millions tons, up 1.5% year-on-year. Crude oil imports will reach 578 millions tons, up 4.4% year-on-year. The structure of crude oil imports is continuously optimized, with the number of source countries expanded to around 40. (CCTV News)
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