Guess uranium has to go to China!
Sask. says China eager for its oil, uranium assets
Chinese investors, including state-owned companies, are strongly interested in acquiring ownership stakes in Saskatchewan oil fields and uranium mines, Premier Lorne Calvert says.
With its oil consumption continuing to soar, China has been increasingly anxious to develop a reliable new chain of energy supplies, including foreign oil sources and an expanded domestic nuclear industry. Saskatchewan could be a vital source of supplies for both of these sectors, according to provincial leaders who held two days of meetings with senior Chinese officials in Beijing this week.
Mr. Calvert Tuesday reached agreement with the chairman of China National Petroleum Corp., the biggest Chinese state-owned oil producer, to set up a high-level working group to pave the way for Chinese investment in the Saskatchewan oil patch as quickly as possible. The goal is “to take our conversations to tangible action,” the Premier said in an interview in Beijing last night.
Chinese consumers are buying more products such as pasta and beer, for example, which helps creates a market for Saskatchewan's durum wheat and malting barley, he said. Saskatchewan potash, meanwhile, helps China grow its own variations of these crops.
http://www.theglobeandmail.com/servlet/story/RTGAM.20051025.wcalvertt1025/BNStory/Business/But the important one is beer. Heck, who knows maybe hockey will be next!