Daqing Oilfield, China's largest oil producer, wants to retain its prominence in the country's petroleum industry for another 50 years.
Wang Yongchun, general manager of Daqing Oilfield Co. Ltd, said Tuesday the oilfield would remain an important energy base and continue to contribute a large proportion of China's energy supplies up to 2060.
Wang said factors such as adequate underground fossil resources, scientific progress and well-trained personnel would help achieve this end.
In accordance with the overall sustainable development plan for the oilfield, it will be capable of producing crude and gas equivalent to between 20 million tonnes and 25 million tonnes from its wells annually by 2060.
