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Encana Scoops Up 30% Stake In Canadian Kitimat LNG Project

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March 18, 2011

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 ...

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