CNOOC is in dispute with husky energy over natural

2022-08-11
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CNOOC is negotiating with husky energy over the dispute over the sale of natural gas from Pingchuan to dangerous shoals.

Zhong Hua, chief financial officer of CNOOC, said that the company is negotiating with husky energy to resolve the natural gas sales dispute about the Liwan project in the South China Sea

CNOOC operates the shallow water part of the project, while husky operates the deep water part; Both parties sell natural gas to onshore users together

CNOOC is not directly involved in another natural gas price dispute between its partner Primeline and a Zhejiang customer. The company will help Primeline, so it must be trained by professionals to solve the dispute

CNOOC said it would not consider raising its annual production target until it announced its interim results in August. The reduction of China's natural gas price has affected the company's sales price

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