[Ost-news] India looking at investments in Canada tar sands: state oil firm

Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America news at resist.ca
Sat Jul 5 13:17:11 PDT 2008


India looking at investments in Canada tar sands: state oil firm  
2 days ago

MADRID (AFP) — India could invest up to 10 billion dollars (6.34 billion euros) in Canada's tar sands oil industry, the head of the country's state oil company said Thursday.

Canada has vast reserves of tar sands -- a dense mixture of sand, water and petroleum used to extract bitumen -- but the development of the industry is controversial because of its environmental impact.

[read more][1]

    [1]: http://oilsandstruth.org/india-looking-investments-canada-tar-sands-state-oil-firm

URL: http://oilsandstruth.org/india-looking-investments-canada-tar-sands-state-oil-firm



More information about the Ost-news mailing list