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CNOOC will Macau direct supply natural gas

Date: 2015-07-23
Views: 288

January 13, CNOOC Gas & Power Group Co., Ltd. (hereinafter referred to as gas-electric group) completed the acquisition of Zhuhai East Natural Gas Company Limited (hereinafter referred to Zhuhai East), China Sea oil will be the direct supply of the Macao Special Administrative Region natural gas.

According to data provided by the Energy Development Office, Macau SAR Government over the next few years, Macau demand for natural gas will continue to rise, gas consumption will reach 300 million cubic meters in 2015. Group Vice President, attended the handover ceremony gas-electric Qiujian Yong said that China Sea oil in the western part of the PRD region have plenty of upstream gas supply and the formation of a stable supply of natural gas and protect the network can guarantee the supply of natural gas of the Macau Power, and will meet Macau region's future demand for industrial and residential natural gas. Gas & Power Group will take up the political and social responsibility of the state-owned enterprises, fine management, standardized operation to ensure the safe operation of gas pipelines in Hengqin - Macao is committed to further optimize the energy structure of the Macao Special Administrative Region, to promote long-term prosperity and stability of Hong Kong and Macao.

Zhuhai East formerly owned holding company in the petrochemical, construction and operation of the Hengqin - Macao Gas Pipeline "Mainland only for Australia gas pipeline project, pipe length of 12.8km, a designed annual gas transmission capacity of 522 million cubic meters. In January 2008, Hengqin - Macau gas pipeline to start receiving CNOOC Panyu / Huizhou Gas Field air-sea gas supply to the Macao power plant. Under normal circumstances, the annual gas supply of about 180 million cubic meters of natural gas for power generation accounted for Macau's total electricity consumption by nearly 28%. The project opened a prelude to the Macau large-scale use of natural gas has played an important role to ease the tension in Macau energy, optimization of urban energy structure, promote the development of clean energy.

 Hongkong Offshore Oil Services Limted
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