US Apache in talks to bring fertilizer plant to Canada

08 March 2012 17:14  [Source: ICIS news]

HOUSTON (ICIS)--Apache Corporation is in discussions to bring a large fertilizer plant to Canada, the chief executive of the US oil and gas producer said on Thursday.

“We’re talking to [a] large fertilizer outfit about putting in the largest fertilizer plant to be built in Canada,” said Steven Farris at the IHS CERAWeek energy conference in Houston.

A fertilizer plant would play into Apache’s strategy to monetise its position in the unconventional Horn River gas basin in Canada. Apache holds a total of 7.5m acres in British Columbia, Alberta and Saskatchewan.

Farris declined to comment on the specifics of the plant.

The IHS CERAWeek conference runs until Friday.

By: Ruth Liao
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