Bloomberg
US · 2 hrs ago
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China’s Rongsheng Weighs Alberta-to-BC Pipeline Oil Supply Pact
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Chinese petrochemical company Rongsheng, already a major buyer of Canadian crude via the West Coast pipeline, is considering a supply agreement for oil from a proposed Alberta-to-BC pipeline project capable of handling one million barrels per day.
China’s Rongsheng Weighs Alberta-to-BC Pipeline Oil Supply Pact
Rongsheng Petrochemical Co., already the biggest buyer of crude from Canada’s sole West Coast pipeline, is weighing an agreement to buy oil from Alberta’s next project, a proposed million-barrel-a-day pipeline to British Columbia, according to people familiar with the matter.
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