Chevron China Gas Project Plans First Output in 2010

27 September 2009 (Last Updated September 27th, 2009 18:30)

China's Chuandongbei gas project expects first production in 2010, Chinese officials have announced. The project, in which operator Chevron has a 49% stake, has proven gas reserves of 176 billion cubic metres (bcm). Chevron and leading Chinese oil company CNPC, parent of Petr

China's Chuandongbei gas project expects first production in 2010, Chinese officials have announced.

The project, in which operator Chevron has a 49% stake, has proven gas reserves of 176 billion cubic metres (bcm).

Chevron and leading Chinese oil company CNPC, parent of PetroChina, entered a 30-year product-sharing contract in Dec 2007 to develop the high-sulphur gas field using technology from Chevron.

The project, located in southwestern Sichuan, is expected to reach a plateu production of 3bcm from 2012 for 15 years, the companies said.