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China Daily | Updated: 2010-02-23 08:06

Sinopec ups Tahe estimate

China Petroleum and Chemical Corp (Sinopec), Asia's biggest refiner, said there might be an additional 100 million metric tons of oil, or 10 percent more than earlier estimates, at its Tahe field in the nation's northwest. Sinopec earlier said the Tahe site has 1 billion tons of geologic reserves.

Spokesman Huang Wensheng estimates the Tahe field will produce 10 million tons of oil a year by 2015.

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