Sinopec to rev up 2nd largest gas field to full capacity by year-end
08/29/2015 Author: Source:China Daily
Yuanba gas field, Sinopec's second largest high-sulfur natural gas reservoir, will go into fullproduction by the end of this year. Annual output capacity is planned to reach 3.4 billion cubicmeters.
The gas field, located in southwestern China's Sichuan province, is the deepest found inChina. The depth of the gas reservoir is 6,800 meters in average, according to Sinopec'sSouthwest Oil & Gas Company, the developer.
The gas field contains 230 billion cubic meters of proven reserves. It is the second largesthigh-sulfur natural gas field in China after the Puguang gas field, which is no more than 200 kilometers away, and has proven reserves of 412.2 billion cubic meters.
The construction of the Yuanba gas field started in August 2011. The first phase wascompleted by the end of 2014, with an annual output capacity of 1.7 billion cubic meters. Thesecond phase, which is scheduled to be completed by the end of this year, aims to increasecapacity to 3.4 billion cubic meter a year.
"Yuanba is another major gas source for China's Sichuan-East Gas Transmission Project, after the Puguang gas field. It is of vital importance to ensure China's energy security andoptimize the country's energy structure," Zhang Bailing, deputy director of Sinopec'sSouthwest Oil & Gas Company, said.