CNOOC Gas Supply Hits New Record

Wednesday, December 12, 2018

CNOOC Gas & Power, a unit of China National Offshore Oil Corp , said on Wednesday its daily supply of natural gas had surpassed 200 million cubic meters for the first time as temperatures in northern China plummet.

CNOOC sent 205 million cubic meters of gas to the Chinese market on Dec. 10, 18.5 percent more than the daily high of 173 million cubic meters recorded in 2017, CNOOC Gas & Power says on its website.

CNOOC plans to supply 48 billion cubic meters (bcm) of gas this year, including 46.5 bcm of base supply and 1.5 bcm of incremental supply, the statement says.

State-run news agency Xinhua reported last month that CNOOC would raise gas supply by 20 percent during the winter heating season.

Temperatures in northern China have dropped since Dec. 4 and various regions have seen an increase in demand, CNOOC Gas & Power says.

China Meteorological Association data put temperatures in Beijing as low as -8 degrees Celsius on Wednesday.


(Reporting by Tom Daly; Editing by Mark Potter)

Categories: Energy LNG Production Asia Natural Gas

Related Stories

Petronas Signs 20-Year LNG Supply Deal with Japan's JERA

Ichthys LNG Strike Intensifies as Union Talks with Inpex Collapse

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Ichthys LNG Strike Causes Delay to Taiwan-Bound Cargo

Inpex Faces Threat of Broad LNG Loading Ban as AU Labour Dispute Deepens

Eni Inks Long-Term Indonesia LNG Supply Agreements

Indonesia Signs Eight Oil and Gas Contracts

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

Current News

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Post-War Gulf Faces Push for Alternative Export Routes

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

Inpex, Unions Reach Deal to End Ichthys LNG Strike

Gulf Marine Services Restarts Ops of Evacuated Gulf Vessels

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com