finance
European Utilities Seek Supply from Canadian Ksi Lisims LNG Project
Several European energy utilities have expressed interest in purchasing output from the planned Ksi Lisims LNG export facility in Canada. The project already holds offtake agreements for 5 million tons per year and seeks additional commitments.
May 28, 4:30 AM·1m read1 source
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A number of European energy utilities have expressed interest in buying future output from the Ksi Lisims LNG project, which is planned as Canada’s second liquefied natural gas export facility. The Ksi Lisims LNG facility already has offtake agreements covering 5 million tons of annual production.
Project developers are seeking additional commitments for another 3 to 4 million tons, the chief executive of Western LNG, the project leader, told Reuters.
The Ksi Lisims plant is designed for a total annual capacity of 12 million tons of liquefied natural gas. Western LNG is leading development of the facility, which remains in the planning stage.
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