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Introduction of Yinggehai Natural Gas Area

Jan. 06, 2011 11:43 PM ET
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The Yinggehai Yacheng 13-1 Natural Gas Field is situated in the meeting place of the Yinggehai Basin and Qiongnan Basin, about 96 km to the south of Sanya City, Hainan Province. Totaling 53.58 square km, it is the largest offshore field of natural gas now found in China. With a proven reserves of 96.8 billion cubic meters and the production capacity of 3.45 billion cubic meters per year, it is estimated to maintain a stable production for twenty years.

Jointly developed by Chinese and American corporations, it was put into operation in January 1996 and has supplied the Hong Kong Special Administrative Region with natural gas of 2.9 billion cubic meters per year since then on. The contract period of the field is twenty years. Since it began operation, the field has supplied Hainan Province with natural gas of 550 million cubic meters per year.

The Yinggehai Dongfang 1-1 Gas Field is also located in the Yinggehai Basin, having an area with natural gas totaling 229.6 square km. Found in 1995, it is the second largest offshore gas field in China, with a proven reserves of 80.1 billion cubic meters.

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