e-magazine
Looking Back at Xi's Displomacy
China moves from a 'low-profile' diplomatic outlook to a more engaged and globally conscious approach
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Sci-Tech
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

Market Avenue
eBeijing

ECONOMY
THIS WEEK> THIS WEEK NO. 52, 2014> ECONOMY
UPDATED: December 22, 2014 NO. 52 DECEMBER 15, 2014
Gas Field Operational
Share

China's largest producer of offshore oil and gas, CNOOC, announced production has begun at the Liuhua 34-2 gas field in the South China Sea on December 15.

CNOOC has a 51-percent working interest in the Liuhua 34-2 gas field, while Husky Oil China Ltd., a wholly owned subsidiary of Canada-based Husky Energy, holds the remaining 49 percent working interest.

Liuhua 34-2 gas field is located in the Eastern South China Sea, with the water depth in the range of 850-1,250 meters. The gas field consists of one producing well and is producing approximately 30 million cubic feet of natural gas per day.

The field is expected to reach its designed peak production of approximately 45 million cubic feet per day in 2015.

In March this year, CNOOC and Husky Oil China put another deep-water gas field, Liwan 3-1, into operation.



 
Top Story
-Brave New World
-Special Coverage: APEC China 2014
-How to Keep the 'APEC Blue'
-Defending the Global Environment
-Special Coverage: UN Climate Change Conference 2014
Most Popular
在线翻译
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved