Canada advances global energy exports by signing second European LNG dealCanada advances global energy exports by signing second European LNG deal

Canada has announced the signing of a second European LNG deal as part of advancing Canada’s global energy exports. The announcement is issued by Natural Resources Canada.

The Canadian government announced a binding agreement between Ksi Lisims LNG and Germany’s Uniper SE to supply two million tonnes per year of Canadian LNG for up to 20 years, with first deliveries expected in 2032. The deal aims to diversify exports beyond the U.S., potentially expanding Europe-bound LNG and contributing to Canada’s GDP and job creation,…

The article reports that Ksi Lisims LNG has finalized a contract to sell up to two million tonnes per year of LNG to German utility Uniper over 20 years, marking the project’s second deal with a German company and moving toward a final investment decision with about 50% of capacity committed. It also notes that the deal, along with existing contracts and…

Prime Minister Mark Carney warned that Canada’s reputation as a reliable energy supplier could be harmed if energy exports were used as leverage in U.S. trade talks, urging careful consideration before cutting off customers. He emphasized that Canada has options but would first pursue a renewed continental trade pact through ongoing talks with U.S. and…