Nexen Energy ULC (a CNOOC Limited company) has built a reputation as a leader in the development of natural gas in northeastern British Columbia. CNOOC Limited is one of the world’s largest oil and gas companies. As a subsidiary of CNOOC Group – China’s top importer of LNG – CNOOC Limited has access to expertise in natural gas production; LNG transportation; LNG importing; and natural gas distribution. Through a subsidiary, CNOOC Group currently operates five LNG import terminals, and has interests in the North West Shelf Venture, QCLNG Project and Tangguh LNG. By 2020, CNOOC Group is expected to be the largest importer of LNG in the world.
INPEX Gas British Columbia Ltd. (IGBC) is a British Columbia corporation. IGBC’s largest shareholder is INPEX CORPORATION (INPEX), an international company with world-class expertise in liquefied natural gas (LNG) that has been supplying natural gas to Japan, Korea, Taiwan and other Asian customers since 1977. INPEX currently has working interests in six LNG projects in the Asia-Pacific region, including two large-scale operator projects, the Ichthys LNG Project in Australia and Abadi LNG Project in Indonesia. Through INPEX, IGBC has strong relationships with Japanese and Asian customers who make up the bulk of global LNG demand.