CNOOC's domestic gas supply reaches 22.7 billion cubic meters

CNOOC's Domestic Gas Supply Increased Largely China's Energy Newsletter On October 20, Wang Jiaxiang, general manager of China National Offshore Oil & Gas Group, said in an interview with reporters that today CNOOC will guarantee domestic supply by increasing overseas purchases and other measures. The volume increased by 54% from last year to 22.7 billion cubic meters.

According to the Development and Reform Commission recently, although the supply of natural gas resources has increased by more than 20% over the same period of last year, the situation of guaranteeing the supply of natural gas in winter is still not optimistic. Experts predict that China’s natural gas demand will reach 110 billion cubic meters this year.

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