LONDON, May 15 (Reuters) - A joint venture between Britain'sCentrica and Qatar Petroleum has agreed to buy a numberof natural gas assets in Alberta from Shell Canada Energy for C$50 million, the companies said on Thursday.
As part of the deal, Shell will take over the jointventure's stakes in the Burnt Timber gas processing plant andWaterton undeveloped lands in southwest Alberta, the companiessaid.
The joint venture said the deal would increase itsproduction in the region by around 24 million cubic feetequivalent per day.
(Reporting by Karolin Schaps; editing by Jason Neely)
Centrica (CNA)
