CNSPC set to tap more gas in East China Sea

02/12/2001
Exploitation of what is described as the East China Sea's largest gas field will begin soon. China National Star Petroleum Co., a subsidiary of China Petrochemical Corp. (Sinopec), said it will begin work at Chunxiao field shortly.So far, CNSPC has discovered eight oil and gas fields and a group of oil and gas bearing structures in the East China Sea with total reserves of approximately 200 bcm (7.06 tcf). In the Chunxiao area alone, 54 bcm (1.91 tcf) in natural gas reserves have been verified, the article said. The first-phase project, concentrated on the Chunxiao structure, is slated for completion in 2004. The project is expected to produce 2 bcm (70.63 bcf) of gas. By 2010, its ou...
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