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Brief Introduction of China Petroleum Qinghai Oilfield Company

China Petroleum Qinghai Oilfield Company is a regional company affiliated to China Petroleum and Natural Gas Co., Ltd., and its main exploration field is the Qaidam Basin, which is known as the "cornucopia". Qinghai Oilfield Company was established in 1999 after the restructuring of Qinghai Oilfield. Its main business includes oil and gas exploration, production and sales. Production and sales of petroleum and natural gas chemicals; Oil and gas pipeline operation; Oil and gas exploration, research, technical services, etc. Qinghai oilfield has unique resource advantages. The total oil resources in Qaidam Basin are 210.50 billion tons, and the total natural gas resources are 2.5 trillion cubic meters.