CANADA SEES NAFTA BENEFITS IN NATURAL GAS, PETROCHEMICAL SALES

A North American Free Trade Agreement (Nafta) among the U.S., Canada, and Mexico will benefit the Canadian oil industry, say industry spokesmen and analysts. The agreement, which has been signed by political leaders but must be ratified by legislators in each country, is expected to improve markets for Canadian natural gas and a wider range of petrochemicals. The Independent Petroleum Association of Canada expects the deal to increase sales of U.S. gas to Mexico and thus open U.S. markets for

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