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The Suncor mine facility along the Athabasca river as seen from a helicopter tour of the oil sands near Fort McMurray, Alta., Tuesday, July 10, 2012.
The Suncor mine facility along the Athabasca river as seen from a helicopter tour of the oil sands near Fort McMurray, Alta., Tuesday, July 10, 2012.
(Jeff McIntosh/CP)

CARL MORTISHED

Why Centrica and Qatar need Suncor’s gas

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

Having failed to secure any gas last year when Centrica Plc attempted to negotiate a 20-year LNG supply deal with Qatar, the British utility has come up with another idea: bring Qatar to Canada to share the cost of a $1-billion purchase of gas assets from Suncor Energy Inc..