Asian Producers to Boost Winter Gas Supply
China Petroleum & Chemical Corp, known as Sinopec, said it has secured 8.81 billion cubic metres (bcm) of natural gas for northern China for the upcoming winter heating season, state-owned Xinhua News Agency reported on Tuesday.
That was up 15.5% from 7.63 bcm in the previous heating season.
CNOOC Group, China's largest offshore oil and gas producer, plans to supply around 24.5 bcm gas, or 1.5 bcm more than last year, across the country, Xinhua reported.
The country's top oil and gas producer, China National Petroleum Corp (CNPC) did not give the amount of gas it will supply in the winter, but said that it will boost output in major gas fields such as Changqing, Tarim and Southwest fields.
(Reporting by Muyu Xu and Dominique Patton; Editing by Susan Fenton)