"Dominant offshore oil and gas producer China National Offshore Oil Corporation (CNOOC) has discovered several small gas fields near the Yacheng 13-1 gas field that has been supplying Hong Kong since 1997. Deputy chairman Yang Hua said yesterday after a shareholders' meeting that while the Yacheng field is expected to be depleted in a few years, CNOOC has agreed with Hong Kong power generator CLP Holdings to supplement gas from one of the small fields to the pipeline linking Hainan Island and Hong Kong."
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