05 October 2012 17:20 [Source: ICIS news]
Malaysia's government-controlled oil, gas and petrochemicals major PETRONAS and Progress announced the Canadian dollar (C$) 5.5bn ($5.6bn) deal in June.
Progress said it could complete the transaction about three days after approval from the minister.
Canadian opposition politicians this week called on the government of Prime Minister Stephen Harper to hold public consultations before approving the CNOOC/Nexen deal.
($1 = C$0.98; $1 = €0.77)
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