JAPEX to invest 65-70B in further oil sands development in Canada
Green Car Congress
JULY 21, 2011
(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oil sands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc. Oil sands production using SAGD.
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