Qatar energy company acquires stake in Canadian gas sector - UPI.com:
"British energy company Centrica said Thursday it sold 40 percent of its natural gas business in Canada to a subsidiary of Qatar Petroleum for $183 million.
Qatar Petroleum International, the subsidiary, acquired the interest in Centrica's operations in western Canada. The British company said the partnership will have 1.6 trillion cubic feet of proven and probable reserves with a production rate of 390 million cubic feet of gas equivalent per day.
The assets will be placed into an existing joint venture between Centrica and Qatar Petroleum International, CQ Energy Canada Partnership,
Nasser al-Jaidah, QPI's chief executive, said the acquisition gives his company a solid footing in the North American market."
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