Sinopec, signed a contract with French oil company Total Gabon in February 2002. Under the contract China, for the first time, bought Gabonese crude oil. In the African nation of Gabon, Sinopec's joint ventures in oil exploration have been accused of violating environmental conventions by the government of Gabon. Its activities in Gabon's national parks were suspended in September 2006, by the Gabonese national parks council. On 13 April 2010 the company announced acquisition of Conoco Phillips's 9% stake in the Canadian oil sand firms, Syncrude, for $4.65bn. The deal was granted regulatory approval from the Canadian government on 25 June 2010. While largely welcomed by industry, Sinopec's Syncrude stake has raised concerns about the influence the Chinese government may try to exert on Canadian policy makers. In October 2011, the company offered C$2.2 billion ($2.1 billion) to acquire Canadian oil and gas firm Daylight Energy. Daylight was renamed Sinopec Daylight Energy Ltd. after it was taken over in December 2011. On 11 November 2011 Sinopec announced that the company will invest $5.2 billion in buying a 30 percent stake in the Brazilian unit of Galp Energia SGPS SA which discovered biggest reserved in the western hemisphere since 1976. On 15 October 2012 Sinopec completed the purchase of 20 oil wells belonging to TOTAL E&P in Southern Nigeria in a deal worth around $2.45 billion. This was a remarkable achievement in the company's aim at fully exploring the oil-rich African country. Also they are presently executing an oil/gas project in STUBB CREEK region in Akwa Ibom Southern Nigeria that is capable of producing about 10,000 barrels of oil/day. This is in addition to other exploration projects currently being embarked upon both in Rivers and Akwa Ibom States. Sinopec indeed had previously taken over Addax Petroleum with numerous assets in Nigeria and Cameroon. On 17 December 2012 Talisman Energy UK announced Sinopec has invested $1.5 billion in a 49 percent stake of Talisman's North Sea properties. In April 2013, Sinopec agreed to sell a stake of 30 percent in an oil and gas block in Myanmar to Taiwan's CPC Corp. In November 2021, U.S. producer Venture Global LNG signed a twenty-year contract with Sinopec to supply liquefied natural gas (LNG). In January 2022 they offered to re-sell LNG to take advantage of high Asian spot prices. China's imports of U.S. natural gas will more than double. In March 2022, a memorandum