Energy Conversion and Financial Overview
Gas Sources
1. Take-or-pay contracts
◆Signed 15-25 years take-or-pay contracts
with various pipelines, secured 7,068 million
m³ of natural gas supply for 2014
Take-or-pay Contracts
ENN 新奥
Gas Source
Contracted Supply
in 2014 (mil m³)
Contracted Supply
in 2013 (mil m³)
2. Other piped natural gas supply
West-East Pipeline I
1,410
1,111
The Group also secured guaranteed gas
supply contracts for its city-gas projects, e.g.
Shaanxi-Beijing Pipeline II, Tai-Qing-Wei
Pipeline and offshore gas fields in China
West-East Pipeline II
3,683
2,643
Zhong-Wu Pipeline
583
583
3. Non-pipeline transmission system
Able to dispatch a fleet of 700 LNG/CNG
trucks with a total maximum one-time
transmission capacity of over 15 million m³,
facilitate the allocation of gas sources for
city-gas projects, vehicle refuelling stations
and wholesale business
4. LNG processing plants
◆ Disposed of the LNG processing plants in
Ningxia, Beihai and Qinshui in 1H14
The Group continues to secure LNG supply
from onshore processing plants nearby its
gas projects and refueling stations
Sichuan-East Pipeline
198
198
LNG Import Terminal
309
421
(Guangdong)
LNG Import Terminal
700
700
(Fujian)
CNOOC
185
185
(Yantai & Laiyang)
Total
7,068
5,841
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