CNOOC's discovery in the South China Sea has more than 100 Bcm in reserves 
China National Offshore Oil Corporation’s (CNOOC) deepsea natural gas discovery in the northern part of the South China Sea has certified reserves exceeding 100 Bcm (3,531 Bcf), reports Chinese state television. The size of the discovery makes it one of China’s biggest offshore finds and would mark a breakthrough in drilling high-temperature and high-pressure reservoirs, reports Reuters.

CNOOC first announced the discovery last August after striking high flows of ga...


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