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Sinopec adds new gas reserve at Sichuan field

China Petroleum and Chemical Corp, or Sinopec, said on Thursday that it has added 83 billion cubic meters of newly proven natural gas reserve at the Chuanxi field in the Sichuan basin. The new reserve raises the field's total proven reserve to 114 bcm, Sinopec said. The Chuanxi gas field, officially detected in 2018, has a size of 138 square kilometers at the west edge of the basin, with the main gas reservoirs buried at a depth of about 6,000 meters.

Vehicle sales up by 12.5% in October

Vehicle sales in China rose by 12.5 percent on a yearly basis to 2.57 million units in October as the market warmed alongside government policies to spur consumption, data from the China Association of Automobile Manufacturers showed. The rise marked the sixth consecutive month of double-digit year-on-year growth.

China Daily - Xinhua