Canada seals LNG export deal with Germany in push beyond US energy trade

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2 min readMay 27, 2026 11:48 AM ISTA liquefied natural gas export facility on Canada’s Pacific coast is set to supply Germany under a new agreement tied to the proposed Ksi Lisims terminal in British Columbia. (File Photo)TORONTO (AP) — Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal, an official familiar with the matter said Tuesday. The official confirmed Canada will sign the agreement with Germany’s SEFE group, which stands for Securing Energy for Europe, from the proposed KSI Lisims export facility on the coast of British Columbia.The official spoke on condition of anonymity as they were not authorised to speak ahead of Wednesday’s announcement. They said up to 1 million metric tons (1.1 million US tons) of liquefied natural gas per year will be exported. Prime Minister Mark Carney has set a goal to double non-U.S. trade in a decade. Oil and gas-rich Canada exports almost all of energy oil and gas to the U.S. currently.British Columbia Premier David Eby said earlier Tuesday that a deal to supply Canadian liquefied natural gas to Germany would be a key step toward the partners behind the Ksi Lisims project deciding to go ahead with their $10-billion Canadian (US$ 7.2 billion) plant and export terminal. Ksi Lisims, on Pearse Island by the border with Alaska, has the permits it needs, but the consortium has yet to make a final investment decision paving the way for construction to begin. Eby said sealing up offtake agreements with buyers is a key step before Ksi Lisims can reach that milestone.The partnership has already signed supply agreements with a unit of London-based Shell and France-based TotalEnergies. EFE is a leading German energy utility. It is the former German subsidiary of Gazprom, which Germany nationalised in 2022 as Europe struggles with an energy crisis tied to the war in Ukraine and now the Mideast. As European countries supported Ukraine, Russia slashed supplies of natural gas used to heat homes, generate electricity and power industry, creating an energy crisis that is fueling inflation and forcing some factories to shut down as prices have risen. Germany was a major importer of Russian gas before the war.Stay updated with the latest - Click here to follow us on InstagramAdvertisementLoading Recommendations...AdvertisementLive BlogUS Iran War News Live Updates: Israel pushes deeper into Lebanon, captures key southern positions10 minutes ago‘Integrity, accuracy, purity of electoral roll must for fair polls’: Supreme Court upholds Election Commission’s SIR14 minutes agoDHSE Kerala +2 12th Result 2026, Results.hse.kerala.gov.in LIVE Updates: SAY exam dates, revaluation facility19 minutes agoKerala +2 12th Result 2026, Dhsekerala.gov.in LIVE Updates: Over 30,000 students get A+2 hours agoRCB vs GT, IPL 2026 Qualifier 1 Highlights: Royal Challengers Bengaluru book tickets to final with 92-run win over Gujarat Titans11 hours ago