Canada announces 20-year German LNG deal from B.C. (opens in new tab)

Canada on May 27 announced an agreement under which Ksi Lisims LNG would sell Germany’s state-owned SEFE 1 million tonnes of liquefied natural gas a year for up to 20 years, with deliveries expected to begin in the early 2030s from a planned export terminal in British Columbia. Natural Resources Minister Tim Hodgson described it as Canada’s first long-term LNG supply deal with a European buyer. The planned Ksi Lisims project is backed by the Nisga’a Nation and the Rockies LNG consortium of Ca...