China Launches Phase 2 Deep-Sea Gas Field Adding 4.5BCM To Supply
OilPrice
JUNE 25, 2025
billion cubic meters (bcm) per year. With total geological reserves exceeding 150 bcm, Deep-Sea No. China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project in the South China Sea, boosting domestic output by 4.5
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