Key facts
- Ksi Lisims LNG project signed an initial supply agreement with a German state-owned gas utility.
- This is the first agreement of its kind for the B.C. development.
- More agreements with European customers are anticipated.
This agreement highlights the growing importance of North American LNG exports to Europe as the continent seeks to diversify its energy sources. The Ksi Lisims project, once operational, could play a significant role in supplying this demand, potentially impacting European natural gas prices and supply security.
