PetroChina to invest more than $5 billion gas play - Maritime Press Clipping

Feb 9, 2011

PetroChina to invest more than $5 billion gas play

PetroChina Ltd., China's biggest oil and gas producer, said Wednesday it has agreed to pay $5.4 billion for a 50 percent stake in Encana Corp's shale natural gas play in northeastern British Columbia in what would be the largest ever Chinese investment in Canada's energy sector.
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Source: Taiwan News

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