BP starts producing gas at APN field

BP starts producing gas at APN field

TOKYO: A group led by BP Plc. that includes Cnooc Ltd. and Inpex Corp. started producing natural gas from the APN field in northwest Java, Indonesia.

Production started on Aug. 17, Tokyo-based Inpex said in a statement on its web site today. The field is expected to produce 100 million cubic meters of gas a day, equivalent to 18,000 barrels of oil a day, in 2006, the statement said.

BP is the operator of the APN field and has a 46 percent in the project, the statement said. Cnooc has a 37 percent stake, Inpex a 7.25 percent stake and Japan's Itochu Oil Exploration Co. a 2.58 percent share, the statement said.-- AP