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          BIZCHINA> Top Biz News
          CNOOC gas field starts production in South China Sea
          (Xinhua)
          Updated: 2009-09-08 10:52

          China National Offshore Oil Company Limited (CNOOC Ltd) said Monday that a gas field of the company in the South China Sea has commenced production with a current daily output of 30,000 cubic feet.

          The gas field, dubbed as Ledong (LD) 22-1, is solely owned by CNOOC Ltd.

          Natural gas from the field and also from LD 15-1, another CNOOC field 20 km away from LD 22-1, will be piped to customers, including refinery plants, chemical plants and city gas, in south China's Hainan province.

          Related readings:
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          CNOOC gas field starts production in South China Sea CNOOC denies bribery allegationsCNOOC gas field starts production in South China Sea CNOOC H1 net falls 55%
          CNOOC gas field starts production in South China Sea 
          CNOOC to boost offshore business

          LD 15-1 will commence production later this year in order to match the customer needs, said the company.

          Peak production of LD 22-1 and LD 15-1 is expected to reach around 150 million cubic feet a day.

          Incorporated in Hong Kong, CNOOC Ltd is a listed subsidiary of China National Offshore Oil Corporation, China's largest offshore oil producer.


          (For more biz stories, please visit Industries)

           

           

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