Saturday, February 4, 2012

$1 bn shale-gas deal sweetens Beijing trip by Canada's Harper

$1 bn shale-gas deal sweetens Beijing trip by Canada's Harper

PetroChina's estimated US$1 billion purchase of a stake in a Canadian shale-gas project sets the tone for Prime Minister Stephen Harper's visit to Beijing next week. China's urgent desire to exploit its own vast unconventional gas reserves dovetails nicely with Canada's technological know-how and willingness to do business. - Robert M Cutler

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