The Liwan gas project is being co-developed by Husky and China National Offshore Oil (CNOOC).
The principal fields include the Liwan 3-1 and Liuhua 34-2 fields, and the project is expected to bring to market at least three natural gas discoveries on Block 29/26, located about 300km southeast of Hong Kong.
The overall development plan for Liwan 3-1 has been submitted to Chinese government authorities for regulatory approval and a gas sales agreement for production from the field is in place.
Husky has signed a gas sales contract with CNOOC Gas & Power Group, Guangdong Branch for volumes from the Liwan 3-1 field.
Production will supply the Guangdong Province natural gas grid from an onshore gas plant at Gaolan Island, Zhuahai.
Husky and its partners are also advancing plans to bring the Madura BD gas discovery offshore Indonesia to production in 2014.
The company is targeting overall production from the region of about 50,000 barrels of oil equivalent per day in 2015.
