Apache CEO Says Kitimat LNG Project May Go Ahead This Year

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Apache Corp., the second-largest U.S. independent oil and natural-gas producer by market value, said it’s moving toward a decision to go ahead with its Kitimat liquefied natural-gas export project in Canada this year.

“I truly believe we’re going to get it done,” Chief Executive Officer Steve Farris said in an interview today at CERAWeek, a Houston conference held by IHS Cambridge Energy Research Associates.