IEEJ: m m3 2.1 m3 0.4 m3 8.4 m3 1.2 m3 2.9 m3 7.4 m3 4.2 m3 0.3 m3 2.5 m3 1.6 m3 2.2 m3 6.6 m ,727 m3 9,477 m3 2 7,204 m3

IEEJ:2004 8 90 1990 3 EOR 1 BP 2002 25 1.7 R/P 14.8 2 10 3 140 1999 4205.6 EOR 5 1

IEEJ:2004 8 6 7 40.6 m3 8 0.9 m3 2.1 m3 0.4 m3 8.4 m3 1.2 m3 2.9 m3 7.4 m3 4.2 m3 0.3 m3 2.5 m3 1.6 m3 2.2 m3 6.6 m3 9 1 77,727 m3 9,477 m3 2 7,204 m3 10 BP 2002 9.3 1992 80% 1.51Tcm m3 2 A 1950 20 1970 1.1 1990 1.6 2003 1.7 1980 1970 13 2.7 1990 1.6 a1950 1970 1950 1960 1970 1950 20 1957 145.8 1959 373.4 1965 1,131.5 1970 3,065 1975 7,706 1978 1 1 405 11 ( ) 2

IEEJ:2004 8 12 b1980 1980 1 595 1982 1 212 1980 1 2,337 1 2,000 C1990 1990 3 (3)1990 3 74.2 2000 58.3 2003 51.7 1990 2,800 2003 5,794 790.3 253.1 1,060.1 525.3 1990 143 2003 2,430 1990 2000 ( ) 3

IEEJ:2004 8 B 1990 1990 147 m3 1995 165.2 m3 2000 183.1 m3 2001 333.5 m3 2002 328.7 m3 2003 343.2 m3 1 2 1 m3 4

IEEJ:2004 8 92 m3 27 52 m315.1 20.3 m35.9 15.4 m3 4.5% 12.3 m3 3.6% 42.2 m3 12.3% 3 1950 1970 ( ) 1980 1998 1983 CNOOC 1988 CNPC CNPC 5

IEEJ:2004 8 13 1998 3 CNPC Sinopec CNPC Sinopec 2000 2 4 份 PetroChina 份 Sinopec Corp. PetroChina Sinopec Corp 14 2001 2 CNOOC 份 CNOOCLtd 15 3 份 16 (4) A ( ) 1950 1970 ( ) 1980 1982 1992 3 Elf Total 6

IEEJ:2004 8 ARCO 17 1982 1992 1990 9 5 2001 10 5 10 2005 38 8.5 1.21.4 m3 7,000-8,000 m3 2005 1.7 500 m3 17%20 ( ) 10%17% 7

IEEJ:2004 8 EOR A CNPCPetroChina 份 (3) 19 1950 ) 1960 (0.08) +32.5 21 8

IEEJ:2004 8 2000 56.2 26 48 12.7 3.8 8.3 2 k k k 920 417,426 920 417,426 497 24,012 447 23,060 51 952 1,418 441,438 1,367 440,486 51 952 2,009 93,228 452 26,663 51 66,565 3,427 534,666 1,819 467,149 1,557 67,517 B 1960 97 1961 274 1960 1965 843 1969 1,600 1970 2,000 1970 1976 5,000 1991 5,562 1994 5,601 1990 2002 5,013 5,000 2003 5,000 4,800 (6 4) 1991 39.5 2003 28.5 9

IEEJ:2004 8 C 1980 1980 5,000 1980 EOR 1990 EOR 22 5 SNF 23 EOR 1996 138 1999 788 2002 1,000 24 D 1990 80 (5) 份 10

IEEJ:2004 8 1990 8 2005 (6) 11

IEEJ:2004 8 200 2010 3,200 1990 2223 m3 2002 20 2,100 m3 2003 20 3,000 m3 1 4050 m3 2002 828 2,100 m3 份 400 m3 150 m3 2 A 2 30 Sinopec.Corp 1950 1961 1962 API 25.5 15.0% (0.91%) 2004 4 36 2001 1 1,250 2002 1 668 2003 1980 12

IEEJ:2004 8 20 1 2002 10 m3 2003 10 m3 25 B 1962 1978 1,946 1 1983 1984 2,301 1987 3,160 1991 3,355 1996 2,912 3,000 1999 2,666 1999 2003 2,658 (8) 9 1995 12.9 m3 2000 6.9 m3 2001 9.1 m3 2002 7.5 m3 2003 8.1 m3 份 m3 m3 13

IEEJ:2004 8 m 3 C 1990 EOR 200 200 1990 EOR 1990 EOR 26 1990 150 1994 1 2 EOR 6 埕 4 EOR Sinopec 1999 7 Getting OilGasChinaLtd EOR 9% 24% EOR 27SNF 14

IEEJ:2004 8 2000 200 EOR 28 2003 5,000 3,000 33 29 D. 30 30 (3) A 3 PetroChina 10 1950 1960 5,000 1970 16.8% API28.7 2000 3.96 B 10 1980 500 1990 1,360 1995 1,552 1996 1,504 2001 1,385 1,400 2002 1,351 2003 1,322 1995 17.5 m3 1999 11 m3 2003 10.5 m3 11 15

IEEJ:2004 8 C 1990 1996 10 Shell Exploration 3,300 3,500m Shell Exploration 1996 31 16

IEEJ:2004 8 1998 4 70 10.8 271km 2 1980 30 2 1985 170 18 32 1985 1987 1 D. PetroChina 2010 1,300 1,100 (1) A 13 1955 1957 1990 1 API33.4 0.05 7.2% 12 2002 33 86 2 1,000 m3 34 2002 18 17

IEEJ:2004 8 688 m3 B 1957 7.2 1960 164 1985 499 1991 702 2000 900 2002 1,005 1,000 2003 1,060.1 (12 12) 12 1996 10 m3 2000 16.2 m3 2002 20.2 m3 2003 22.1 m3 C PetroChina 2005 1,200 30 m3 2010 1,500 50 m3 18

IEEJ:2004 8 2 A PetroChina 20 1970 1976 API28.2 22.8% 0.29% 34 B 1979 1,700 1990 500 2003 435 1999 3.5 m3 2003 5.7 m3 (15) 19

IEEJ:2004 8 3 A PetroChina 16 1963 1965 (API29.2) (0.12%) 24 8 35350 m3 100 1,000 36 B 1965 1960 30 1970 1997 435 2003 421 (16) 1995 4 m3 2003 3.5 m3 20

IEEJ:2004 8 C EOR 1990 1997 10 Apache China XCL China C4 21

IEEJ:2004 8 2,000 30 m3 Trans-China Energy D PetroChina PetroChina 3.1 2002 3 1 3.4 m3 2 10.5 m3 (3) (A) 10 1975 1979 Sinopec Corp 2 B 1979 1988 720 1992 600 2000 377 2003 361 (18) 15 1995 11 m3 2000 13.4 m3 2001 2002 16.1 m3 Sinopec 5 C 1990 EOR 份 IPO 22

IEEJ:2004 8 1999 9 份 37 圳 A 1.7 1 4.89 8 份 2001 1.5 m3 8 13 m3 1991 11 m3 2003 17 m3 (19) 份 23

IEEJ:2004 8 D. 份 1999 11 Sinopec 1998 0.7 262km 2 m3 2001 10 9,900 m3 3.6 4 A 7 1958 1961 PetroChina 1999 8.3 B 1961 7,425 1960 104 1990 355 1990 340 400 2000 2001 404 2002 430 2003 427.2 (20) PetroChina 2005 350 21 1990 2 m3 24

IEEJ:2004 8 5 A PetroChina 20 1970 9 25

IEEJ:2004 8 12 120 0.846API 35.8 38 2001 11 1 1,831.4 m3 4,327 m3 2,013 m3 B 1978 61 2001 520 2003 701.5 700 (22) 17 23 1995 m3 1998 4.6 m3 2000 20.6 m3 2001 36.8 m3 2002 39.1 m3 2003 51.8 m3 50 m3 26

IEEJ:2004 8 2 11.9% C 2001 11 2001 份 2005 3,000 200 27

IEEJ:2004 8 797 191 13 40 30 m3 2001 100 m3 6 A 60 1950 1990 1960 1980 80 1984 1988 PetroChina CNPC CNPC 1989 2003 11 7,942 1,000 m3 B 1998 1990 40 1995 253 2002 502 500 412003 525.3 (24 ) 42 25 1990 1995 1.4 28

IEEJ:2004 8 m3 1999 4.4 m3 2001 11.8 m3 2002 2003 10.9 m3 43 m3 m3 29

IEEJ:2004 8 A. PetroChina 2005 1.2 4,000 m3 520 138 m3 2003 11 7,942 1,000 m3 PetroChina 1907 1990 1990 PetroChina 1997 107.3 100 1999 211.9 2001 316.4 2003 453.1 (26) 7 1983 44 1990 1991 20 1997 300 30

IEEJ:2004 8 1998 295 2003 235.1 1995 1.2 m3 2000 9.2 m3 2003 12.3 m3 9 1954 1990 1997 164 2000 200 200 2003 220 3 1997 2.2 m3 2000 3.9 m3 2003 15.4 m3 6,998 2,500 m3 118-1 -2 1,375 m3 PetroChina 2530 m3 2005 3,000 m3 4.0005,000 m3 21 m3 (10) 46 7.3 m3 92 m3 3 1991 71.8 m3 2000 80 m3 2001 90 m3 2003 92 m3 (27) PetroChina 2010 150 m3 1999 20 2000 2002 13.8 2003 13.7 (28) m3 31

IEEJ:2004 8 11 100 2002 97 188 157 1.3 m31.1 m32.3 m3 32

IEEJ:2004 8 4 (1) 1960 1972 1 2 埕 1980 1986 埕 BZ281BZ342/4E 2002 1998 225 2003 645 29 29 1998 4 m3 2003 4.9 m3 CNOOC 19-3 32-6 36-1 2005 2,000 3,500 2005 36-1 530 19-3 32-6 580 2005 500 1,100 30 15 45 10 CNOOC 2005 5 2,000 1-5 3 8.2 CNOOC Sinopec 6.2 33

IEEJ:2004 8 34

IEEJ:2004 8 (2) 21-26-1 32/3/3 11-1 24-3 30-2 13-1 1-1 13-13-1 47 1990 (31)1998 629.5 2000 682.7 2003 669.5 1995 1999 (32)1998 2003 13.2 m3 35

IEEJ:2004 8 48 2002 11 370 BOE( ) 19 146 m3 (3) 1980 1980-1 CNOOC 1,400 260 m3 1998 1998 1.5 m3 2002 4.4 m3 16 60 8 m3 36

IEEJ:2004 8 2002 3 49 CNOOC Sinopec 2004 1 540 m3 2004 1 20 m3 2010 80-100 m3 1999 1999 1998 91 16.2 2001 19.8 2002 16.1 2003 12.5 33 34 1999 1999 465 m3 2000 807 m3 2001 1,013 m3 2002 1,282 m3 2003 1,468 m3 37

IEEJ:2004 8 3 38

IEEJ:2004 8 5 39

IEEJ:2004 8 50 (1) 2002 12 70 152 3 CNOOC 1997 CNOOC 21 (4 ) Phillips Petroleum(ConocoPhillip) CNOOC 19-3 51 1999 6 2002 12 31 2005 700-800 2000 1 CNOOC 1 7 2 32 30 15 45 1980 Occidental Esso Phillips Texaco BP ACT(Agip,Chevron,Texaco) Ampolex JHN 1983 26 1997 1,297.2 1992 16 CNOOC 1997 10 Primeline Petroleum 3611 Shell Unocal 20 2003 8 5 27/0512/2120/14 30 2 CNOOCSinopec 30 40

IEEJ:2004 8 Santa Fe Energy Resources of China a FeSant Energy Resources of China Kerr-McGee China Petroleum Primeline Prtoleum Santa Fe Energy Resources of China Santa Fe Energy Resources of China Phillips China 15/34 1997.01 23/28 1997.01 26/06 1997.07 04/20 1997.09 33/20 1997.10 06/05 1998.03 15/24 1998.04 Agip OverseasChevron Overseas PetroleumTexaco China 16/19 1998.04 Agip China 09/11 1998.07 Arco ChinaTexaco China 32-6 1998.09 Santa Fe Energy Resources of China 26/35 1998.10 Santa Fe Energy Resources of China 16/02 1999.03 Bligh Oil& Minerals 22/12 1999.12 Burlington Resources China 16/21 2000.03 Shell Exploration(China) 15/12 2000.04 Kerr-McGee China Petroleum 09/18 2000.09 Husky Oil China 13-1,13-2 2000.10 Santa Fe Energy Resources of China 27/10 2001.05 Husky Oil China 39/05 2001.07 Shell Exploration(China) 26-2,28-1 2001.08 Shell Exploration(China) 11/26 2002.01 Kerr-McGee China Petroleum 111 2002.9 2 Husky Oil China Husky Oil China Texaco China Husky Oil China 23/15 2002.9 23/20 2002.9 25-1 2002.10 40/30 2002.12 2002 2003 2002 CNOOC 2004 PSC 10 (5) 52 10 1 1 41

IEEJ:2004 8 1 5158 ( ) 02/06 1,860 10/31 10,774 25/34 / 4,103 16/04 3,188 16/28 2,203 17/01 / 2,684 27/01 / / / 3,882 26/25 / / 2,035 26/34 / 2,211 22/17 2,218 (2) 1980 1990 ExxonShellTexco 21 60 EOR EOR 6 35 ) AgipExxonTexco 1990 13 8 23 42

IEEJ:2004 8 坨 43

IEEJ:2004 8 35 ( ) (35) 14 EOR 118km 4,200km 44

IEEJ:2004 8 Shell 2002 7 2002 7 2 53 Shell 3 2001 Sinopec 6,026 2001 1.5 CNPC 800, 11 EOR3 2002 2 70 CNOOC 150 31 12 13 44 410 2 1950 1970 1980 1990 1950 1970 45

IEEJ:2004 8 1980 1990 3 1990 3 74.2 2000 58.3 2002 53.9%2003 51.8 3 1990 2,800 2003 5,794 1990 143 2003 2,430 4 1980 1990 1990 147 m3 2000 183.1 m3 2003 343.2 m3 5 2002 12 70 152 3 CNOOC 1997 CNOOC 21 EOR EOR EOR 2010 1.8 3 46

IEEJ:2004 8 2002 2000 Sinopec21 2002 2003 EastWest Report 2002 1991 5 2002 BP Statistical Review of World Energy2003 CHINA NATURAL GAS REPORT2003By China of Xinhua News Agency China OilGasPetrochemicals Dowjones China Energy 47

IEEJ:2004 8 I ( ) % 530.6 56.4 210.7 22.4 198.7 21.1 940.0 100.0 m3 875,650 2.2 2,118,126 5.2 365,000 0.9 8,389,615 20.7 1,228,900 3.0 2,850,000 7.0 7,357,521 18.1 4,179,740 10.3 288,100 0.7 2,480,340 6.1 1,625,340 4.0 2,239,000 5.5 6,606,713 16.3 49,541 241,018 290,559 10.7 189,101 376,944 566,045 20.8 26,670 43,112 69,782 2.6 179,662 35,353 215,015 7.9 25,698 137,967 163,665 6.0 134,394 7,576 141,970 5.2 558,907 11,152 570,059 21.0 292,611 30,842 323,453 11.9 25,246 28,845 54,091 2.0 30,185 1,301 31,486 1.2 88,496 88,496 3.3 160,664 160,664 5.9 11,587 33,608 45,186 1.7 40,604,045 100.0 1,772,753947,718 2,720471 100.0 report@tky.ieej.or.jp 48