Sichuan gas field delivers its first supplies
By Lyu Chang | China Daily | Updated: 2016-01-26 07:55
A natural gas project jointly developed by Chevron Corporation and PetroChina Company Ltd delivered its first gas on Monday - a significant move toward increasing domestic supplies of the cleaner-burning fuel.
The Luojiazhai gas field, also the first phase of the Chuandongbei project in the Sichuan Basin, has an annual production capacity of 3 billion cubic meters, according to a statement by the Chinese oil and gas company, which is the listed arm of State-owned China National Petroleum Corporation.
Chevron, the American multinational energy corporation, is the operator of the project and holds a 49 percent stake, with PetroChina holding the rest.
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