CNOOC to Build $4.38 Billion Coal-Based Natural Gas Project in Shanxi

BEIJING--May 19, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--CNOOC New Energy Company Limited (Beijing), a subsidiary of CNOOC Limited (NYSE:CEO) (Beijing), recently signed an agreement at the Expo Central China 2009 conference in Hefei, Anhui province, with the government of Datong city and the Datong Coal Mine Group Company (Shanxi province) for a $4.38 billion coal-based natural gas project in Shanxi.