Current Affairs :- April 2014
Chinese exploration team drilled a seven kilometer deep borehole in the Himalayan region of Tibet in search of oil and natural gas resources of the region. On Tibetan plateau Sinopec and China National Petroleum Corporation carried out this exploration project.
In August 2013, the China Geological Survey, under the Ministry of Land and Resources, signed a 20 million yuan (USD 3.5 million) exploration agreement with Sinopec after the Tibet region showed enormous oil and natural gas potential.
Chinese exploration team drilled a seven kilometer deep borehole in the Himalayan region of Tibet in search of oil and natural gas resources of the region. On Tibetan plateau Sinopec and China National Petroleum Corporation carried out this exploration project.
In August 2013, the China Geological Survey, under the Ministry of Land and Resources, signed a 20 million yuan (USD 3.5 million) exploration agreement with Sinopec after the Tibet region showed enormous oil and natural gas potential.
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