Canada To Sign LNG Deal With Germany

Baystreet
2026.05.27 13:37
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Canada is set to sign a liquefied natural gas (LNG) deal with Germany, aiming to diversify trade from the U.S. The LNG will be exported from the Ksi Lisims facility in British Columbia, which will have a capacity of 12 million tonnes per year. Shell and TotalEnergies have already signed 20-year agreements with the facility. This move aligns with European efforts to reduce reliance on Russian energy following the Ukraine conflict.