NYSE:NXY.P.B - Post by User
Comment by
mrbbon Jun 23, 2013 2:30am
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Post# 21565659
China inked another oil deal with Russia
China inked another oil deal with Russia and this one worth $270 billion https://economictimes.indiatimes.com/news/international-business/china-inks-270-billion-oil-deal-with-russia/articleshow/20716927.cms Don't look like china will be banking on Canada for their long term energy source. That means don't expect more oil sand investment from china. As for natural gas, Russia, Iran, and Qatar have way way way way more easy to extract and deliver NG than from Canada. China has a 50/50 ownership (with Husky) in a large gas field that should come on stream in 2014.