China may have peaked 3Q2004

slick50 notes on peakoil.com that :

... it appears China may have peaked. The main field Daqing produced 46.4 million tons in 2004 compared to 48.4 in 2003, over a 4% decrease. PetroChina, representing two thirds of China's oil production, saw 4th quarter oil production for 2004 decline as compared to 3rd quarter 2004.

peakoil.com -> iht.com

Production from Daqing fell to 46.4 million tons last year from 48.4 million tons in 2003. Output from the field in the northeastern province of Heilongjiang, which accounts for half of PetroChina's production and a third of the nation's total, is being cut to prolong Daqing's life.

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