The Xihu Trough (Chinese: 西湖凹陷; pinyin: Xīhú Āoxiàn) is a region in the East China Sea, located approximately 400 kilometres east of the cities of Shanghai and Ningbo, Zhejiang. The region is a repository for natural gas, and consists of the Chunxiao, Tianwaitian, Canxue, Duanqiao, and Pinghue fields. The entire trough is approximately 500 kilometres long, and runs parallel to the Chinese coast.
On August 19, 2003, it was announced that Sinopec, CNOOC, Royal Dutch/Shell and Unocal had entered into a joint venture to exploit the gas reserves in the trough, beginning in mid-2005. Gas production was expected to reach 2.5 km3 a year by 2007. However, on September 29, 2004, the two foreign partners in the joint venture, Royal Dutch/Shell and Unocal Corporation, announced their withdrawal citing doubts over the commercial viability of the resources in the area and the territorial dispute.
External linksedit
Oil giants depart Xihu Trough gas project. China Daily. September 30, 2004.
This Chinese location article is a stub. You can help Wikipedia by expanding it.
xihu, trough, chinese, 西湖凹陷, pinyin, xīhú, Āoxiàn, region, east, china, located, approximately, kilometres, east, cities, shanghai, ningbo, zhejiang, region, repository, natural, consists, chunxiao, tianwaitian, canxue, duanqiao, pinghue, fields, entire, troug. The Xihu Trough Chinese 西湖凹陷 pinyin Xihu Aoxian is a region in the East China Sea located approximately 400 kilometres east of the cities of Shanghai and Ningbo Zhejiang The region is a repository for natural gas and consists of the Chunxiao Tianwaitian Canxue Duanqiao and Pinghue fields The entire trough is approximately 500 kilometres long and runs parallel to the Chinese coast On August 19 2003 it was announced that Sinopec CNOOC Royal Dutch Shell and Unocal had entered into a joint venture to exploit the gas reserves in the trough beginning in mid 2005 Gas production was expected to reach 2 5 km3 a year by 2007 However on September 29 2004 the two foreign partners in the joint venture Royal Dutch Shell and Unocal Corporation announced their withdrawal citing doubts over the commercial viability of the resources in the area and the territorial dispute External links editOil giants depart Xihu Trough gas project China Daily September 30 2004 nbsp This Chinese location article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Xihu Trough amp oldid 1216867062, wikipedia, wiki, book, books, library,
