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China Invests In Wyoming Oil and Gas

Leigh Paterson
Inside Energy

The report by the Rhodium Group and the National Committee on US-China Relations, details Chinese commercial investment in the US by congressional district. Wyoming, with just one congressional district, has seen around $770 million in Chinese investment state-wide.  According to Shawn Reese of the Wyoming Business Council, this is largely the result of two joint ventures between Chinese and American oil and gas companies in the DJ Basin and Powder River Basin.

"We have such a great mineral resource base that their investments are sound. They will produce a return for those joint ventures," Reese said.

According to the US Department of Commerce, in 2012, foreign direct investment in Wyoming, from all over the world, accounted for 9,000 jobs in the state. 

Email: lpaterson@insideenergy.org; leighpaterson@rmpbs.org
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