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CHINA'S CNOOC LTD PREDICTS FLAT OIL PRODUCTION IN 2007.
Publication: AsiaPulse News Publication Date: 31-JAN-07 |
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COPYRIGHT 2007 Asia Pulse Pty Ltd
BEIJING, Jan 31 Asia Pulse - China's top offshore oil and gas producer CNOOC Ltd said yesterday it aimed to lay a solid foundation for robust long-term growth beyond 2007, with several new projects to begin next year.
"The company's overall production in 2007 will be flat at 162 to 170 million barrels oil equivalent (BOE) under the WTI crude oil price of US$62.80," said Yang Hua, executive vice-president of CNOOC, in Hong Kong...
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