China Business News: CNOOC to launch 50-mln-ton crude oil base in Bohai Sea

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CNOOC to launch 50-mln-ton crude oil base in Bohai Sea

Jul. 21, 2009 (China Knowledge) - China National Offshore Oil Corp plans to set up a crude oil base with a designed annual output of 50 million tons in the Bohai Sea, sources reported, said Deputy General Manager Zhou Shouwei on Jul. 19 at the opening of the first China Ocean Forum in Zhuhai, Guangdong Province. Zhou added that CNOOC also intends to launch a natural gas base with an annual yield

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