Canada to Export LNG to Germany from British Columbia Terminal
Canada reached an agreement to supply up to one million metric tonnes of liquefied natural gas per year to Germany from a planned terminal on the British Columbia coast. The deal involves Germany’s SEFE group and the proposed Ksi Lisims facility.
EuronewsCanada reached an agreement to export liquefied natural gas to Germany from a planned Pacific coast terminal, an official familiar with the matter said on Tuesday. The agreement covers supplies from the proposed Ksi Lisims export facility on the coast of British Columbia. Up to one million metric tonnes of liquefied natural gas per year will be exported under the deal.
Germany imported 106 terawatt hours of gas through LNG terminals in 2025, according to the Bundesnetzagentur. The planned exports from Canada would amount to roughly one-eighth of Germany’s LNG imports last year in energy terms. SEFE is a major German energy company. It was previously the German subsidiary of Gazprom before Berlin nationalised it in 2022.
British Columbia Premier David Eby said earlier on Tuesday that a deal to supply Canadian LNG to Germany would mark a key step towards the partners behind the Ksi Lisims project taking a final investment decision on the CA$10 billion plant and export terminal.
The partnership has already signed supply agreements with a subsidiary of Shell and France’s TotalEnergies. Ksi Lisims, located on Pearse Island near the border with Alaska, has secured the permits it requires, but the consortium has yet to make a final investment decision.
Key Facts
Story Timeline
4 events- 2022
Berlin nationalised the German subsidiary of Gazprom, creating SEFE.
1 sourceEuronews - 2025
Germany imported 106 terawatt hours of LNG, per Bundesnetzagentur data.
1 sourceEuronews - Tuesday
Canada reached an agreement to export up to one million tonnes of LNG per year to Germany.
1 sourceEuronews - Wednesday
The agreement is scheduled for formal announcement.
1 sourceEuronews
Potential Impact
- 01
The Ksi Lisims consortium may reach a final investment decision after securing the offtake agreement.
- 02
Germany could diversify a portion of its LNG supply away from current sources.
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