Chinese Investment into the Canadian Oil Sands

Simple item page
dc.contributor.advisorMoore, Michael
dc.contributor.authorLai, Daniel
dc.date.accessioned2016-08-31T18:52:48Z
dc.date.available2016-08-31T18:52:48Z
dc.date.issued2012-09
dc.description.abstractAs the demand for energy and the price of oil continues to increase, Canada has become a major player in the global oil market. China's continuous economic growth over the past decade has created an increased demand for energy and natural resources. Active outward investments from Chinese National Oil Companies (NOC) over the past three years in the Canadian oil sands suggest the need for a better understanding of NOCs, investment trends, and possible impacts to Canada with future DFI. Although it appears that Chinese NOCs have been acting according to estimated market guidelines and principles of conduct, it is clear that there have been strategic purchasing of key energy systems in developed countries. Until the recent proposed acquisition of Nexen by PetroChina, Chinese investments into Canadian oil sands were limited by comparison with other oil producing countries. In the absence of new pipeline capacity aiming at the Pacific Coast, the primary customer for Canadian crude supplies remains the United States. This is problematic since it artificially limits the market, and exposes Canadian producers to price manipulation and non-competitive behavior. This project concludes that the Canadian government should seek to diversify the energy economy by allowing the building of a pipeline to the Pacific Coast and allow for competition in the oil sands market by exploring potential customers in Asia though new and increased infrastructure development. To improve diversification, it is recommended that a positive and welcoming diplomatic attitude towards China is crucial. Lastly, advancements in the transparency of investment sources and enhancing dialogues between stakeholders of the oil sands can better inform Canadians and improve communication between the energy community, foreign companies, and the Canadian government.en_US
dc.description.refereedYesen_US
dc.identifier.citationLai, Daniel. (2012). Chinese Investment into the Canadian Oil Sands ( Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca.en_US
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/30037
dc.identifier.urihttp://hdl.handle.net/1880/51550
dc.languageEnglishen_US
dc.language.isoenen_US
dc.publisher.departmentThe School of Public Policyen_US
dc.publisher.facultyFaculty of Graduate Studiesen_US
dc.publisher.institutionUniversity of Calgaryen_US
dc.titleChinese Investment into the Canadian Oil Sandsen_US
dc.title.alternativeAnalysis of Investment History, National Oil Companies, and Policy Suggestionsen_US
dc.typereporten_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Lai, Daniel.pdf
Size:
10.61 MB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.84 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Master of Public Policy Capstone Projects
Graduate Capstones