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UpstreamOnline: Chevron wins China prize

By Upstream staff

US supermajor Chevron has won the keenly contested bidding contest for the right to develop PetroChina’s Luojiazhai sour gas field in south-west China’s Sichuan province, according to reports today.

Chevron was chosen by PetroChina ahead of rivals Statoil of Norway, France’s Total and Anglo-Dutch Royal Dutch Shell, Dow Jones newswire reported, citing people familiar with the situation.

Luojiazhai is known for its harsh, mountainous terrain and PetroChina has limited technology to ensure safe gas production, leading it to seek foreign expertise in developing the field.

Several serious production accidentshave occurred in the region in the past few years.

06 August 2007 01:46 GMT  | last updated: 06 August 2007 02:04 GMT and its sister non-profit websites,,,,,, and are owned by John Donovan. There is also a Wikipedia feature.

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