Sinopec Likely to Start Production at Yuanba Sour Gas Field by Year End

Sinopec Corp aims to start production at Yuanba sour gas field in China's southwest by the end of 2014 using its own technology, news agency Reuters says citing a statement on company website.

The Chinese energy giant is set to complete building a processing plant at Yuanba by end of this year to produce 3.4 billion cubic metres of gas annually, a report on Sinopec Group's website showed on Friday, adds Reuters.

This would be equivalent to 18 percent of Sinopec Corp's total output of around 18.7 bcm last year.

Sinopec announced the Yuanba discovery in 2007 and started developing the field in July 2011, but with drilling mostly at a depth of 7,500 metres, the sour gas reservoir is still seen as a conventional resource, reports Reuters.

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