Canada secures first European LNG deal

Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced an agreement between Ksi Lisims LNG and SEFE (Securing Energy for Europe of Germany, bringing long term supply of low-carbon Canadian LNG to a European buyer for the first time. Under the agreement, SEFE will purchase one million tonnes per annum (MTPA) of LNG for up to 20 years, with deliveries expected to begin by the early 2030s.

Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced an agreement between Ksi Lisims LNG and SEFE (Securing Energy for Europe of Germany, bringing long term supply of low-carbon Canadian LNG to a European buyer for the first time. Under the agreement, SEFE will purchase one million tonnes per annum (MTPA) of LNG for up to 20 years, with deliveries expected to begin by the early 2030s.