A gas station belonging to the state-owned oil company PetroChina in Beijing, on March 21, 2016. Kim Kyung-Hoon/Reuters
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A bid by the Canadian arm of PetroChina Ltd. to take full ownership of Alberta’s Grand Rapids Pipeline is facing various legal and regulatory obstacles.
The Chinese-owned corporation currently owns about half of the 460-kilometre pipeline that transports oil from the oil sands in and around Fort McMurray, Alta., to the Edmonton area, and is seeking to buy the remaining stake from Calgary-based South Bow Corporation.
Paul Rowan Brian is a news reporter with the Canadian edition of The Epoch Times.
