(MENAFN- Qatar News Agency) Ha may 08 (qna) - qatar petroleum international (qpi) the international arm and wholly owned subsidiary of qatar petroleum (qp) have reached an agreement with centrica plc (cna) according to which qpi is to acquir 40% of centrica plc (cna) natural gas field projects in cnada to the value of canadian dollars 200 million.
a press release the two companies issued here on thursday said that as per such agreement the assets will be operated in the project between centrica (60% share) and qpi (40% share) under the title "cq energy canada partnership where the new percentage will be added to the assets which have already been jointly acquired on part of canada’s suncor energy which was announced in april 2013 .
he minister of energy and industry dr. mohamed saleh al sada who is also board chairman of qpi described as very important development the agreement struck between qpi and centrica plc affirming meantime that the agreement would contribute to supporting the presence and partnerships of qpi in northern america in addition to boosting qatar's efforts for diversification expansion and investment.
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