in SE Qaidam (2014). The two
Taijinar lakes lie to the northwest and the lakes of the
Qarhan Playa to the southeast. (
ESA) The basin's large mineral deposits caused a great deal of investment interest from 2005.
Qarhan Playa, a salt flat including about ten of the lakes, contains over 50 billion metric tons (55 billion short tons) of
salt. Beneath the salt, Qaidam is one of China's nine most important
petroliferous basins and its largest center of onshore production. The Qinghai Oilfield, exploited since 1954, includes the Lenghu, Gasikule, Yuejin-2, and Huatugou oil fields and the Sebei-1, Sebei-2, and Tainan gas fields. All together, it has proven reserves of 347.65 million metric tons (more than 2 billion
barrels) of
petroleum and 306.6 billion cubic meters (10.83 trillion cubic feet) of
natural gas. Annual production capacity is about 2 million metric tons of petroleum and 8.5 billion cubic meters of natural gas. A pipeline connects the Huatugou field with a major
refinery at
Golmud, and the Sebei gas fields are connected to
Xining,
Lanzhou, and
Yinchuan. Qaidam has reserves of
asbestos,
borax,
gypsum, and several
metals, with the greatest reserves of
lithium,
magnesium,
potassium, and
sodium found anywhere in China. ==Transportation==