CNOOC powers Hong Kong’s sustainable future
- From building the Y13-1 pipeline to introducing LNG and developing deepwater gas fields, CNOOC has reliably supplied energy to support Hong Kong’s sustainable growth
- As CNOOC continues to explore new fields and expand its operations, its contributions to Hong Kong’s energy security and sustainable development goals will remain integral to the region’s prosperity
[The content of this article has been produced by our advertising partner.]
As China’s third-largest state-owned oil company, China National Offshore Oil Corporation (CNOOC) has cultivated a strong and lasting relationship with Hong Kong. Since 1996, CNOOC has been instrumental in meeting Hong Kong’s energy needs.
Today, the company not only ensures energy security but also contributes to Hong Kong’s sustainable development goals, supporting its transition to a greener and more sustainable future.
Founded in 1982, CNOOC is primarily engaged in the exploration, development and production of offshore oil and gas. The company has expanded its operations globally, but Hong Kong has always held a special place in its strategic vision.
Building the foundation: Y13-1 pipeline
The cornerstone of CNOOC’s energy supply to Hong Kong is the 780-kilometre Y13-1 pipeline. The project began operations in January 1996, receiving gas from the Yacheng 13-1 gas field, located 91 kilometres southwest of Hainan Island and nearly 800 kilometres southwest of Hong Kong. The pipeline has since become a vital artery supplying clean offshore natural gas to Hong Kong.
At its peak, the Yacheng 13-1 gas field produced more than 3.5 billion cubic metres (bcm) of natural gas annually, of which about 3 bcm was destined for Hong Kong. This supply provided more than 25% of Hong Kong’s electricity generation needs, powering millions of homes and businesses. Over the years, the gas field has supplied more than 70 bcm of natural gas to Hong Kong, covering about 70% of the city's natural gas consumption.