China–UAE News
UAE’s XRG Considers Buying Stake in LNG Canada from PetroChina
Abu Dhabi's state-owned XRG is exploring the acquisition of an equity stake in the Shell-led LNG Canada project in British Columbia. The company has held talks with existing partners, including PetroChina, to purchase a portion of their holdings. LNG Canada has an annual capacity of 14 million metric tons and primarily supplies Asian markets, including China.
