Clifford Chance (CC) is acting alongside two Canadian firms on PetroChina's proposed $5.4bn (£3.4bn) investment in Canadian energy company Encana's natural gas assets, reports The Am Law Daily. Oil giant PetroChina will take a 50% stake in Encana's Cutbank Ridge natural gas assets in British Columbia and Alberta, in a deal set to mark the largest-ever Chinese investment in Canada's energy sector.
February 11, 2011 at 06:59 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) is acting alongside two Canadian firms on PetroChina’s proposed $5.4bn (£3.4bn) investment in Canadian energy company Encana’s natural gas assets, reports The Am Law Daily.
Oil giant PetroChina will take a 50% stake in Encana’s Cutbank Ridge natural gas assets in British Columbia and Alberta, in a deal set to mark the largest-ever Chinese investment in Canada’s energy sector.
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