In addition to researching, developing, manufacturing and selling our compressors, we also offer a rental option for compressors to pressurise oil wells and also provide technical service and repair of related equipment. With over 20 years of operating history in the technical service of oil and gas equipment, we can provide equipment installation and supply technicians and engineers to carry out maintenance, operation and troubleshooting on site to solve gas pressurisation and offtake problems, thereby increasing the efficiency of gas production.Our engineering services are designed to enable our customers to reduce costs and improve the efficiency of their oil and gas production, transportation and delivery processes. The company has continued to grow rapidly over the years in the compressor rental and technical services business, thanks to a professional and systematic team of R&D, production and maintenance operations, in order to be able to provide professional and personalised technical services that really help our customers to solve their production needs and provide superb and efficient services.
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With the closure of the production valve of Well H1 in Bai 15, the 23rd gas production period of China Petroleum Dagang Oilfield Gas Storage Group has successfully concluded, with a cumulative gas production of 2.206 billion cubic meters, a year-on-year increase of 16%, breaking the record for annual gas production.
China has surpassed Japan and once again become the world's largest importer of liquefied natural gas (LNG). Recently, Shell Group released the "LNG Outlook Report 2024" (hereinafter referred to as the "Report"), which shows that China's LNG imports in 2023 were 72 million tons, a year-on-year increase of 7.9 million tons, making it the world's largest LNG importer.
On January 17th, Sinopec announced that the "Deep Ground Engineering · Sichuan Chongqing Natural Gas Base" has made another breakthrough. The proven geological reserves of 1330.12 billion cubic meters in the Hexingchang gas field located in the Sichuan Basin, submitted by Sinopec Southwest Petroleum Bureau, have been approved by the expert group of the Ministry of Natural Resources. This marks the birth of a new ultra deep, fully packed tight sandstone 100 billion cubic meter gas field in China, making a positive contribution to ensuring national energy security.