综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

  Home>News Center>China
       
 

CNOOC takes 45% stake in Nigerian oil
(AFP)
Updated: 2006-01-09 22:01

China's largest gas and oil producer CNOOC said it had agreed to buy a 45 percent stake in an oil block off the coast of Nigeria for almost 2.3 billion dollars.


A woman walks past the headquarters of the state-run energy firm China National Offshore Oil Corporation (CNOOC) in Beijing, in June 2005. China's largest gas and oil producer CNOOC said it had agreed to buy a 45 percent stake in an oil block off the coast of Nigeria for almost 2.3 billion dollars. [AFP]

The Hong Kong-listed unit of the China National Overseas Oil Corporation said it had signed a firm agreement with Nigeria's South Atlantic Petroleum to acquire the stake in the OML 130 block in the Niger Delta.

The purchase would be funded from internal resources, a CNOOC statement said.

"The purchase of this interest in OML 130 helps CNOOC gain access to an oil and gas field of huge interest and upside potential, located in one of the world's largest oil and gas basins," CNOOC chairman Fu Chengyu said Monday.

"With one of the leading deep water experts as the operator of the field, we have every confidence for the fast and efficient production of oil."

The block covers about 500 square miles (1,300 sq km) and water depths range from about 1,100 to 1,800 meters (3,630-5,940 feet). It is being operated by French oil giant Total.

Total estimates the block could contain some 600 million barrels of recoverable oil with a potential for some 500 million more barrels, the statement said.

The field is due to come into production in 2008. The transaction is expected to be finalised in the first half of this year and is conditional on approval from the Nigerian National Petroleum Corporation and the Chinese government.

The deal is China's latest attempt to acquire foreign oil to fuel its booming economy.
Page: 12



Heading home for festival
Anti-violence exercise in Chongqing
Residents enjoy watermelons in winter in Wuhan
  Today's Top News     Top China News
 

China, India to discuss border, sign energy deals

 

   
 

Poor surveillance led to human infections

 

   
 

Catholicism flourishes in Tibetan village

 

   
 

FM: North Korea talks facing tough times

 

   
 

China, Kazakhstan discuss gas pipeline

 

   
 

CIGNA boss wins top award for foreigners

 

   
  Railway ticket prices to be increased during Spring Festival
   
  CNOOC taps into Nigerian resources
   
  Innovation 'holds key to progress'
   
  8th human case of bird flu reported
   
  China's Chery cars to make US debut in 2007
   
  'Cleaning up Songhua River is a priority'
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
梅州市| 仪陇县| 康保县| 兴和县| 潮安县| 彭山县| 唐山市| 兴仁县| 灵川县| 绥滨县| 呼和浩特市| 玉龙| 青川县| 井研县| 阜平县| 庆元县| 庆城县| 长春市| 东宁县| 井研县| 德令哈市| 武汉市| 通城县| 烟台市| 菏泽市| 张家港市| 桐城市| 新丰县| 铜山县| 陵水| 库车县| 天台县| 贵港市| 肥城市| 措勤县| 黔西| 台东县| 枣强县| 宜兰市| 木兰县| 北安市|