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China Gas Information
May 16,, announced in oil, and shell Canada Co., LTD, mitsubishi Japan and South Korea gas commune joint contribution on the west coast of the British Columbia in Canada start LNG export plan, with 40% shareholding shell, the rest of the three each accounted for 20%.
This is China's oil enterprises in North America investment first LNG export projects, and its target market will undoubtedly is including mainland China, east Asia market. In central Asia and Australia to import natural gas prices rising background, the members of the oil in the lower import costs in LNG has the huge function.
According to the agreement, in through the relevant government approval and gas field exploration development work, the four winds will be launched in early 2020 the project, and natural gas exports to the target market.
"The oil in the future of LNG project in Canada is very confident. The project will add further strengthen trade, led the Chinese use clean natural gas resources, promote the company's business development." The vice President BoQiLiang said China's oil. At present four party did not give the project total investment and resource producing area.