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CNOOC Discovers The Largest Natural Gas Field In Bohai Bay
Mar 30, 2018

On March 29, Chairman Yang Hua of CNOOC stated at the 2017 performance report meeting that the newly discovered Bozhong 19-6 of CNOOC will become the largest natural gas discovery ever in the Bohai Bay Basin, which will help ease the supply of natural gas in northern China in winter.

“The emergence of China’s crude oil futures came at the historic moment and called for long-term success.” Yang Hua said that the emergence of China’s crude oil futures has two meanings. First, crude oil trading can increase channels, venues, and methods; second, as a major oil-consuming country, China has its own representatives and places in production and operations.

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