Canada's Kitimat LNG Signs Contract with Apache Corporation for Natural Gas Supply

Canada's Kitimat LNG Signs Contract with Apache Corporation for Natural Gas Supply

Canada

SUGAR LAND--August 18, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Kitimat LNG (Calgary, Alberta), a fully owned subsidiary of Galveston LNG Incorporated (Calgary), has signed an agreement with Apache Corporation (NYSE:APA) (Houston, Texas) for the supply of natural gas to Kitimat's proposed natural gas liquefaction complex. Kitimat LNG is proposing to develop a liquefied natural gas (LNG) plant and terminal at Bish Cove, Port of Kitimat, in northern British Columbia. Project engineering and building activity is expected to begin by the end of this year, with commissioning targeted for 2013. The Kitimat LNG terminal will include a natural-gas liquefaction facility along with on-loading, delivery and LNG storage facilities.

Other companies featured: EOG Resources Incorporated (NYSE:EOG), Korea Gas Corporation (SEO:036460), Gas Natural SDG SA (MCE:GAS), Spectra Energy Corporation (NYSE:SE), Encana Corporation (NYSE:ECA), Devon Energy Corporation (NYSE:DVN), Quicksilver Resources Incorporated (NYSE:KWK), Exxon Mobil Corporation (NYSE:XOM)

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