Canada and Germany are expected to announce a landmark liquefied natural gas export agreement today that would see LNG shipped from northwestern British Columbia to Europe for the first time, according to sources who spoke to CBC News. Sources say the deal is between the proposed Ksi Lisims LNG project in B.C. and German company SEFE, with an agreement to supply one million metric tonnes of LNG annually. Federal Energy Minister Tim Hodgson is expected to make an announcement Wednesday in Vancouver regarding “international energy
exports.” The proposed Ksi Lisims LNG project, located about 80 kilometres north of Prince Rupert in Nisga’a Nation territory, has been identified as a priority project by both the B.C. government and the federal government. Speaking Tuesday, B.C. Energy Minister Adrian Dix declined to confirm details of the agreement but hinted at an international market expansion. “Ksi Lisims has been obviously working to build markets around the world so this is their announcement,” Dix told reporters. “I’m not going to steal their thunder but obviously
a diversity of markets, when you’re marketing your product around the world, is a good thing.” B.C. Premier David Eby said the agreement could help the project secure the long-term purchase commitments needed to proceed. “Part of the work to get to a final investment decision is securing offtake agreements — that’s commitments to buy the LNG from the facility,” Eby said. “So a major announcement with a European partner of purchasing LNG gets us that much closer.”
Canada, Germany, LNG, liquefied natural gas, Ksi Lisims, SEFE, British Columbia, Prince Rupert, Nisga'a Nation territory, Tim Hodgson, Adrian Dix, David Eby, international energy exports, offtake agreements