14 C
Fort St. John
Tuesday, June 25, 2019
9924 101 ave Fort St. John, B.C.
Home Energy News Encana announces stake in Kitimat export terminal

Encana announces stake in Kitimat export terminal


Encana Corporation is acquiring a 30 per cent stake in the proposed liquefied natural gas export terminal near Kitimat, B.C.

The acquisition could potentially help Encana access Asia-Pacific markets overseas.

Encana officials say the company is attempting to push for the export of natural gas products to other continents.

- Advertisement -

The proposed Kitimat LNG export facility would have an estimated five million metric tons of liquefied natural gas capacity each year.

The project is primarily owned by Apache, with a 40 per cent interest, with Encana and EOG Resources Canada each owning a 30 per cent interest.

get the latest news in your inbox



Local Events

Must Read

Curl BC releases host sites for provincial curling champions in 2020

FORT ST. JOHN, B.C. - Curl B.C. has released a list of the nine communities that will host provincial curling champions in 2020. Among the...