The following is an excerpt. To view the full article please visit the link below.

Of all of Ottawa's foreign diplomats, Yemen's man in Ottawa might have the most intimate grasp of the impending acquisition of Canadian oil and gas producer Nexen Inc. by state-owned China National Offshore Oil Corporation Ltd.

That's because not only has Nexen been present in Yemen since 1987, but Yemeni Ambassador Khaled Bahah worked for the company for almost a dozen years—from 1992 to 2005, minus a couple of years in between, and before becoming Yemen's oil minister.

"[The Chinese] are in demand for the energy sector, and that's something positive for a country that's looking for investment," Mr. Bahah told Embassy.

Before...

* * *
Program
The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.