CNOOC Limited (00883.HK) announced that its subsidiary Zhuhai Hengqin gas processing terminal (Zhuhai Terminal) has received notification from Zhuhai Maritime Safety Administration (Zhuhai MSA) that a leakage was found in the nearby subsea gas pipeline of the Zhuhai Terminal. Due to this incident, CNOOC Limited's net production will be affected by 160 mcf per day (around 26,700 boe per day).

The cause of the incident is still under investigation. CNOOC Limited says that it will actively study and come up with solutions to repair the pipeline, in order to resume the operation of the Zhuhai Terminal as soon as possible.

After the incident occurred, CNOOC Limited Shenzhen Branch immediately launched the subsea pipeline leakage emergency plan and shut down the production of relevant platforms of PY30-1 and HZ21-1 fields. Currently the terminal is under accelerated depressurization process. This incident neither caused any injuries nor environmental pollution, and the situation is under control.