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Phase II of China's largest offshore gas field fully operational, boosting energy security

China

China

China

Phase II of China's largest offshore gas field fully operational, boosting energy security

2025-06-25 15:21 Last Updated At:15:37

Phase II operations of China's Shenhai Yihao, the country's largest intelligent ultra-deepwater gas field, commenced on Wednesday, marking significant strides in boosting energy security and advancing offshore resource technology.

Located about 90 kilometers from Sanya in south China's Hainan Province, the gas field, also referred to as Deep Sea No.1, plays a vital role in enhancing China's gas supply and energy security, according to the China National Offshore Oil Corporation (CNOOC).

With estimated reserves exceeding 150 billion cubic meters, the Shenhai Yihao gas field holds immense potential, and its peak annual output is projected to reach 4.5 billion cubic meters when fully operational.

"Upon full operation of the project, the peak annual natural gas output of Shenhai Yihao is expected to reach 4.5 billion cubic meters," said Li Jinsong, general manager of Lingshui-Yacheng Operation Company of CNOOC's Hainan subsidiary.

With this enhanced output, the gas field can supply over 15 million cubic meters of natural gas daily to south China's provinces and regions including the Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Province.

It is China's first independently developed and self-built ultra-deepwater gas field, featuring the greatest operational water depth of over 1,500 meters and the highest temperatures, up to 138 degrees Celsius, in the country's offshore gas development history.

Due to its most challenging exploration and development conditions, the gas field was constructed in two phases.

Following the Phase I project that began operations in June 2021, the phase II upgraded the facilities of a nearly 30-year-old shallow-water gas field into a comprehensive oil and gas production platform, integrating capabilities of natural gas processing, shallow-water drilling, deep-water flow assurance, and cross-regional gas distribution.

"With the experience gained from the first-phase development, the phase II project pioneered a "shallow-deep integration" development model, enabling shallow-water jacket platforms and deep-water production systems to operate in synergy, reducing costs while improving efficiency," said Yu Faling, deputy director of the platforms department of Shenhai Yihao's phase II project.

The phase II project includes such facilities as 12 deepwater gas wells, a subsea production system, a comprehensive processing platform weighing over 14,000 tonnes, and five submarine pipelines with a total length of approximately 250 kilometers. This forms a massive oil and gas production facility cluster spanning over 170 kilometers.

Phase II of China's largest offshore gas field fully operational, boosting energy security

Phase II of China's largest offshore gas field fully operational, boosting energy security

The 32nd Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting concluded in east China's Suzhou on Saturday, yielding fruitful results and laying significant groundwork for the APEC Economic Leaders' Meeting in November.

The trade ministers' meeting focused on "building an open and predictable regional and multilateral economic and trade order" and "fostering new engines of innovative and dynamic trade and investment cooperation."

Chinese Commerce Minister Wang Wentao briefed the media on the meeting's outcomes at a press conference.

Wang said the meeting issued a joint statement titled the Suzhou Statement, and approved the latest edition of the APEC Roadmap for Innovative, Competitive and Resilient Services.

All parties agreed to advance policy innovation and reform in services trade, build an open and predictable investment environment, improve regional trade facilitation and supply chain resilience, strengthen standards coordination, and enhance intellectual property protection, Wang told the media.

He also said that substantial progress was made on a framework document for regional digital trade cooperation and the ministers emphasized promoting inclusive AI development, strengthening AI-related trade, and bridging the digital divide to ensure shared benefits from digital transformation.

The minister noted that the outcomes of the meeting demonstrated strong cooperation willingness, highlighted an innovation-oriented approach, and reflected inclusiveness and shared benefits. "The fact that Asia-Pacific economies can come together, uphold the original aspiration of promoting trade and investment liberalization and facilitation while supporting economic growth and prosperity, and engage in in-depth discussions on the important issue of 'where multilateral and regional economic and trade cooperation is headed,' fully demonstrates that open regionalism and true multilateralism enjoy broad support, and that mutual success and shared development serve the fundamental interests of all economies," Wang said.

2026 APEC trade ministers' meeting concludes with fruitful results

2026 APEC trade ministers' meeting concludes with fruitful results

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