Canada and Germany to Sign Historic Agreement for 1 Million Tonnes of LNG Export from British Columbia

An announcement is expected this week regarding a historic agreement for the export of liquefied natural gas (LNG) from Canada's British Columbia to Germany. This event marks the first major LNG sales deal between Canada and a European country, as learned by CBC News from its own sources.

According to interlocutors, the large-scale agreement will be concluded between Ksi Lisims LNG from British Columbia and the German company SEFE. British Columbia's Energy Minister, Adrian Dix, speaking to reporters on Tuesday, did not confirm the parties to the agreement, stating that «Ksi Lisims has obviously been working on developing markets around the world, so this is their announcement».

Canada's Energy Minister, Tim Hodgson, is scheduled to make a statement on Wednesday morning in Vancouver concerning «international energy exports,» where details of the agreement are expected to be revealed. According to sources, the deal involves the supply of one million metric tonnes of LNG per year. British Columbia Premier David Eby expressed satisfaction with the agreement, emphasizing that «the important announcement of a European partner buying LNG brings us closer to that goal».

It is worth recalling that the European Union has previously been reported to be seeking alternatives to American LNG. This year, Ukraine began receiving American LNG through the Lithuanian terminal in Klaipeda.