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

LNG Flows Through Hormuz Hit Seven-Month High

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

Qatar-Linked LNG Tankers Resume Hormuz Transits

SLB Secures Aramco Well Construction Work for 450 Wells

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

QatarEnergy's LNG Expansion Faces Delays from Hormuz Crisis

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Current News

Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

LNG Flows Through Hormuz Hit Seven-Month High

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

Thailand-Malaysia Gas Pipeline Temporarily Shut Over Inspection Issue

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

KKB Unit to Deliver Offshore Structures for Shell’s Malaysian Fields

Kazakhstan Resumes Action to Collect $5.2B Kashagan Field Fine

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

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