PetroChina to Invest More Than $5 Billion Gas Play

Business | 206542 hits | Feb 09 9:10 pm | Posted by: Curtman

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

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