Canada Announces Long-Term LNG Supply Deal With German Energy Company

Canada has signed a major long-term contract to send LNG from northwest B.C. to Germany, says Energy Minister Tim Hodgson.
The agreement commits German utility company Securing Energy for Europe (SEFE) to buy 1 million tonnes of liquefied natural gas (LNG) per year for up to 20 years starting in the “early 2030s,” Hodgson said. The gas will be shipped from the proposed Ksi Lisims export facility north of Prince Rupert.
“This contract represents the first agreement that we see long-term, low-carbon LNG from Canada being shipped to our allies in Europe,” he said. “We’re in a world where our allies are begging us to produce our resources.”…