Dec 20 (LNGJ) - China National Offshore Oil Corp, one of the nation’s main LNG importers and terminal owners, has made progress in Canada with Atlantic drilling plans. The Canadian Federal Minister of Environment and Climate Change, Jonathan Wilkinson, has given the proposed CNOOC Flemish Pass Exploration Drilling Project offshore Newfoundland a permit to proceed. CNOOC had bid C$300 million (US$228M) for two offshore exploration licences.
However, the Impact Assessment Agency of Canada has established 101 legally-binding conditions that CNOOC must follow for the duration of the project. The Chinese company already has other Canadian energy assets in oil sands, shale gas and offshore.
