China aims for 440 million tons of oil, gas supply by 2030
China's domestic oil and gas supply is set to reach 440 million tons of oil equivalent by 2030 under a new five-year plan for the sector, Xinhua reported.
The plan, jointly issued by the National Energy Administration (NEA) and the National Development and Reform Commission, also aims to add 20,000 km of long-distance oil and gas pipelines by 2030. This will bring the country's total pipeline network to 220,000 km.
"Oil and gas are key sources of energy and industrial raw materials, with their supply closely linked to China's energy security and people's livelihoods," it notes.
Under the new plan, China targets raising its natural gas reserves to the equivalent of over 13 percent of national consumption and bringing the annual carbon dioxide injection from carbon capture and storage, as well as carbon capture, utilization, and storage (CCS/CCUS) projects, to 10 million tons by 2030.
It sets out a goal of building a modern oil and gas industry with a stronger domestic supply capacity, more efficient pipeline networks, adequate and flexible reserves, greener production, safer and more efficient operations, higher-value processing and utilization, breakthroughs in homegrown technologies and more diversified international cooperation.
Key tasks include stepping up oil and gas exploration and production, expanding infrastructure, strengthening oil and gas reserves, deepening international cooperation, accelerating the green transition and development of new quality productive forces, boosting technological innovation and deepening reforms in the oil and gas sector.
The plan also calls for coordinated development of oil and gas with renewable energy and associated resources. Oil and gas fields and surrounding areas will be encouraged to develop solar, wind and geothermal energy in an orderly manner, raise electrification rates and build green, low-carbon and zero-carbon oil and gas fields.
China's total oil and gas output reached a new record of 420 million tons of oil equivalent in 2025, marking a notable improvement in the country's independent energy security capacity, official data showed.
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