Encana Corp., Calgary, (Toronto, NYSE: ECA) plans to acquire a 30% interest in the planned Kitimat liquefied natural gas (LNG) export terminal on the west coast of central British Columbia (B.C.) and its associated natural gas pipeline. Financial terms of the contract were not disclosed.
The proposed Kitimat LNG export development is intended to open new ...
The 290-mile (463-km) Pacific Trail Pipelines will provide a direct connection between the Spectra Energy Transmission pipeline system and the Kitimat LNG terminal.
Since 2010, the Houston-based company has completed more than $16 billion in acquisitions across its global portfolio.