Canada Special: Oil producer sees natural market in China
China Daily | Updated: 2014-07-01 07:39
Long-term energy security is a growing problem for countries that lack enough natural resources to meet the growing needs of their populations. Canada could be part of the solution.
With the world's third largest oil reserves, plans for significant production growth and a stable economic and political climate, Canada is preparing to become a global supplier of reliable, high-quality crude. And Canadian producer Cenovus Energy aims to become a significant player in that market.
Cenovus is a leading producer in Canada's oil sands, a unique deposit of oil-infused sand that holds 97 percent of the country's massive petroleum reserves.
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