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Landmark LNG deal between Canada and German company expected to be announced this week

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A landmark agreement to export liquified natural gas from northern British Columbia to Germany is expected to be announced later this week by the federal government, according to B.C. Energy Minister Adrian Dix.

Dix stopped short of confirming the parties involved, but according to sources, the large-scale deal is between Ksi Lisims LNG in British Columbia and a German company. 

“Ksi Lisims has been obviously working to build markets around the world so this is their announcement,” said Dix. 

“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. And obviously the government of Canada has talked about this project being one of its major projects, and so I’m sure they’re anxious to support it as are we.”

More to come…

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