On October 21, the National Energy Administration held a meeting to promote medium- to long-term oil and gas storage and production. The conference emphasized that in the face of the complex and severe international situation, oil and gas enterprises must firmly shoulder the core responsibility of safeguarding the country's energy security, make every effort to increase oil and gas production and supply capacity over a long period of time to come, make every effort to increase storage and production, keep energy in their own hands, and make new and greater contributions to the construction of an energy power nation. The conference called for in-depth implementation of the “Ten-Year Action Plan” for oil and gas exploration and development, focusing on key oil and gas basins, and speeding up the establishment of a number of national-level oil and gas strategic support bases. Oil and gas companies continue to increase investment and workload investment, strengthen scientific and technological research, strengthen collaboration between enterprises and regions, deepen enterprise reform, promote increased oil and gas storage and production in key areas of “two deep, deep, unconventional, old oil fields), and achieve a steady increase in crude oil production and rapid growth in natural gas production. At the meeting, the Oil and Gas Department of the National Energy Administration introduced the main goals, key tasks and work requirements for oil and gas exploration and development in the next ten years. Oil and gas companies such as CNPC, Sinopec, and CNOOC introduced the next phase of work arrangements to increase oil and gas storage and production.

On October 21, the National Energy Administration held a meeting to promote medium- to long-term oil and gas storage and production. The conference emphasized that in the face of the complex and severe international situation, oil and gas enterprises must firmly shoulder the core responsibility of safeguarding the country's energy security, make every effort to increase oil and gas production and supply capacity over a long period of time to come, make every effort to increase storage and production, keep energy in their own hands, and make new and greater contributions to the construction of an energy power nation. The conference called for in-depth implementation of the “Ten-Year Action Plan” for oil and gas exploration and development, focusing on key oil and gas basins, and speeding up the establishment of a number of national-level oil and gas strategic support bases. Oil and gas companies continue to increase investment and workload investment, strengthen scientific and technological research, strengthen collaboration between enterprises and regions, deepen enterprise reform, promote increased oil and gas storage and production in key areas of “two deep, deep, unconventional, old oil fields), and achieve a steady increase in crude oil production and rapid growth in natural gas production. At the meeting, the Oil and Gas Department of the National Energy Administration introduced the main goals, key tasks and work requirements for oil and gas exploration and development in the next ten years. Oil and gas companies such as CNPC, Sinopec, and CNOOC introduced the next phase of work arrangements to increase oil and gas storage and production.