Canada signs landmark LNG energy deal with Germany [View all]

Source: bbc


3 hours ago Nadine Yousif Senior Canada reporter


Canada has announced a landmark energy agreement with Germany that will see the first-ever long-term shipments of liquified natural gas (LNG) from Canada to Europe in the coming years.

It comes as European nations search for new reliable energy sources and as Canada seeks to diversify trade away from the US.

The deal was announced on Wednesday in Vancouver by Canada's energy minister, Tim Hodgson, who called it "an exciting and important milestone".

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For Canada, it is a major step towards trade diversification away from the US. In 2024, virtually all of Canada's LNG exports went to the US, according to data by Canada's energy regulator.

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Read more: https://www.bbc.com/news/articles/cg4pwxwvz1go

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There is also an article in LBN about Canada buying planes from Sweden instead of USA Boeing.

https://www.democraticunderground.com/10143671236

For Canada, it is a major step towards trade diversification away from the US. In 2024, virtually all of Canada's LNG exports went to the US, according to data by Canada's energy regulator.

bbc.com/news/article...

— (@oceancalm.bsky.social) 2026-05-27T23:50:22.517Z

Bloomberg via Getty Images An image showing an LNG carrier loaded at the LNG Canada docks in Kitimat, British Columbia. There is port infrastructure visible, a large ship and LNG flares in the background emitting from the facilitiy. It is set on the water, with a picturesque backdrop of small mountains and pristine, green landscape.Bloomberg via Getty Images
The deal would see one million tons of Liquified Natural Gas (LNG) exported annually from British Columbia to Germany.