Australia

The North West Shelf Project

CNOOC International holds a 5.3% working interest in the North West Shelf (NWS) joint venture project, operated by Woodside. The NWS project is Australia’s largest natural gas production development and accounts for more than 20% of Australia’s LNG production. CNOOC International also holds a 25% working interest in the China LNG joint venture (CLNG) – a new venture established in the NWS project to supply LNG to the Dapeng LNG Terminal in Guangdong, China.