Tag Archives: China National Offshore Oil Corporation (CNOOC)

Total also planning to expand its Nigerian LNG project this year.

Political factors are one of the reasons that Novatek’s Arctic-2 LNG project in Russia has a high chance of succeeding.

Sixteen companies. including five majors. have submitted 60 applications for the five acreages on offer in Ghana’s first licencing round.

CNOOC has significant experience in management. operations and technology to help build the archipelago'.s first LNG terminal.

Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.

Other Chinese oil companies are also gearing up for the winter season.

The initial long-term LNG SPA was signed in 2008. with an annual contract volume of 1 million tpy for a 15-year period.

China’s refining capacity will grow to 880 million tonnes a year. equivalent to 17.6 million barrels per day. by 2020.

Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.

China is under the pressure to cut oil purchases from Iran.