Cnooc Considering LNG Plant in Canada to Export Fuel to China

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Cnooc Ltd., China’s biggest offshore oil and gas producer, is considering constructing a liquefied natural gas plant and export terminal in western Canada and possibly exporting the fuel to China.

The plant may be built at Grassy Point near Prince Rupert in British Columbia, Cnooc said in a statement today. Cnooc, through its subsidiary Nexen Energy ULC, signed an agreement to access the land with the government of British Columbia.