CNOOC Ltd To Examine LNG Development In British Columbia, Canada Through Nexen
CNOOC Ltd to examine LNG development in British Columbia, Canada through Nexen:
Co announced today that its wholly-owned subsidiary
Nexen Energy ULC (Nexen), has entered into an exclusive agreement with
the Government of British Columbia, Canada to examine the viability of
constructing a liquefied natural gas (LNG) plant and export terminal
at Grassy Point near Prince Rupert, British Columbia, Canada. The
agreement with the Government of British Columbia, represented by the
Ministry of Forests, Lands and Natural Resource Operations, grants
Nexen and its joint venture partners INPEX Corporation and JGC
Corporation, the exclusive right to pursue long-term access to Crown
land at Grassy Point.
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