Canada: China’s Overseas Investment in Energy Infrastructure

Moderator: Jiang Wenran Project Director, Canada-China Energy and Environment Forum, Special Advisor to Alberta Minister of Energy, and Global Fellow, Woodrow Wilson Center for International Scholars
 
Since 2005 there have been several Chinese state-owned enterprises, including PetroChina Co. Ltd., Sinopec, CNOOC Ltd. and China Investment Corp., that have invested in Canadian energy projects, mostly oil sands and shale projects. Indeed, one of the biggest acquisition headlines of 2013 was CNOOC’s acquisition of Nexen Inc. Recently, however, many have questioned the benefit China is receiving from these investments as a suspicious political climate hinders quick development. Will China continue to see energy investments into politically stable but reluctant developed countries viable? How has China’s strategy of approaching deals in Canada benefited or hindered development?
 

Structure

  1. 45-minute presentation
  2. 45-minute Q&A