Canada Signs LNG Export Deal with Germany from Planned Pacific Coast Terminal
Canada has agreed to export up to 1 million metric tons of liquefied natural gas annually to Germany from the planned Ksi Lisims terminal on British Columbia's Pacific Coast. The deal with Germany's SEFE group supports Canada's goal to diversify energy trade beyond the US. The $10-billion project has necessary permits but awaits final investment decisions, with prior agreements signed with Shell and TotalEnergies. This move aligns with Europe's efforts to secure energy amid reduced Russian gas supplies.