“There is a relationship between the yield and the cost of oil, oil prices: the era of high oil prices, high cost and the difficulty of exploitation of the oil will be collected, but the lower oil prices, the marginal cost of high oil exploitation more losses. In the past, “can only increase production, can not cut” pressure on state-owned oil, but now the oil companies face low oil prices also began to pay attention to economic benefits, not in order to increase the production cost. In this case, the marginal capacity adjustment is a very natural thing.” NDRC Energy Research Institute, former director Zhou Dadi yesterday told reporters zhengbao.

In this regard, a Petroleum Group insiders to Zhengbao reporter explained: the development idea of Daqing a few years ago is 40 million tons, the cost does not appear in the era of high oil prices. But after oil prices fell cliff type, this problem is very prominent, this is the last few months before losing so many reasons why. In the era of high oil prices, the cost of sacrifice to ensure production, but the era of low oil prices is not sustainable.

Of course, shut in is not so simple, enterprises should consider the replacement rate, related indicators will be assigned to Daqing. Many factors to consider.” Above the oil sources said.

The degree of dependence on foreign oil or rose to 65%