QATAR/UAE

 

QPI Makes Second Canada Move With UK’s Centrica

 

Qatar Petroleum International (QPI) has acquired 40% of UK firm Centrica’s Canadian natural gas business for C$200mn ($184mn). The new QPI assets will form part of the existing Centrica/QPI 60:40 joint venture, which was formed when the two firms jointly purchased conventional oil and gas assets in Canada from Suncor Energy last year.

According to Centrica’s website, the company produces about...