Husky's Liwan Gas Project On Track

Husky Energy has said that the Liwan Gas Project in the South China Sea continues to advance as scheduled towards first gas expected in late 2013 or early 2014.

Overall, approximately 85 percent of the project was complete by the end of the first quarter, the company said while releasing its first quarter results.

The 30,000-metric-tonne topsides portion of the offshore central platform, the largest ever to be built in Asia, was loaded out on a barge in mid-April and is set for installation onto its jacket in the second quarter, the company said.

The final Liwan 3-1 production well has been completed and offshore pipe installation continues. Husky said that construction on the gas plant, including the control and administrative buildings, is progressing with 10 liquids storage tanks in place.

Liwan 3-1 is the largest ever natural gas discovery offshore China and Husky has been jointly developing the field in partnership with CNOOC.