国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

CNOOC, BG group sign agreement for Australian LNG project

(Xinhua)
Updated: 2009-05-13 13:19

China National Offshore Oil Corp (CNOOC) said Wednesday it had signed an agreement with United Kingdom-based BG Group involving a liquefied natural gas (LNG) development project in Queensland, Australia.

Under the agreement, CNOOC would buy 3.6 million tons per annum (mtpa) of LNG for 20 years from the start-up of the Queensland Curtis LNG Project in Australia, which is being developed by the BG Group.

Related readings:  CNOOC gas terminal in Zhuhai  CNOOC in 30b yuan coal-to-gas enterprise  CNOOC net profit up 42% in 2008  CNAF units sign fuel agreements with CNOOC

The project would come on line in 2014 with two liquefaction trains providing 7.4 mtpa capacity.

CNOOC would also take a 5-percent stake in the reserves and resources of some BG group holdings and a 10-percent share in the equity in one of the two liquefaction trains.

BG Group and CNOOC would jointly participate in a consortium formed to build two LNG tankers in China that would be owned by the consortium.

Fu Chengyu, president of CNOOC, said the agreement was a milestone in the strategic cooperation between CNOOC and the BG Group in natural gas.

CNOOC is the nation's largest offshore oil and gas producer. It has built four LNG receiving terminals in the coastal provinces of Guangdong, Fujian and Zhejiang provinces and in Shanghai.