CNOOC plans to continue domestic success in 2014

摘要

The Asia/Pacific region remains at the center of global LNG demand growth and this could result in Australia becoming the world's largest LNG exporter once projects under construction are complete. China's CNOOC Ltd has set a net production target for 2014 of 422 to 435 MMboe. During 2014, the company expects seven to 10 new projects to come onstream, including operations outside China. Within Chinese waters, Kenli 3-2 and Qinhuangdao 32-6 oil fields offshore Bohai Bay are expected to peak at 37,000 boed and 36,000 boed, respectively. Enping 24-2 in Pearl River Mouth basin is expected to reach 40,000 b/d of oil.