Canada secures first European LNG deal
May 27, 2026 Vancouver, British Columbia Natural Resources Canada
In an uncertain and rapidly shifting global economy, Canada is diversifying our trading partners and securing access to new markets as part of our mission to double non-U.S. trade. We are acting with urgency to retool our economy, get major projects built, and position Canada as a trusted energy supplier to partners around the world.
Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced an agreement between Ksi Lisims LNG and SEFE (Securing Energy for Europe) of Germany, bringing long‑term supply of low-carbon Canadian LNG to a European buyer for the first time. Under the agreement, SEFE will purchase one million tonnes per annum (MTPA) of LNG for up to 20 years, with deliveries expected to begin by the early 2030s.
Minister Hodgson was joined by Adrian Dix, British Columbia’s Minister of Energy and Climate Solutions; Dirk Jakobi, Deputy Consul General of Germany to Vancouver; and Eva Clayton, President of Nisga’a Lisims Government, representing federal, provincial, international, and Indigenous alignment on Canada’s role as a reliable energy supplier of choice, with Indigenous leadership at the heart of energy resource development.
After receiving approval under Canada and British Columbia’s “One Project, One Review” model in September 2025, Ksi Lisims LNG was referred to the Major Projects Office (MPO) by Prime Minister Carney in November 2025 to support Canada’s efforts to more than double our low-carbon LNG production and displace higher-emitting fuel use abroad, strengthen our position as a global energy superpower, create thousands of new careers, and diversify our exports to new Asian and European markets. Senior executives from the project also joined the Prime Minister and Minister Hodgson on a successful trade delegation to Germany in August 2025, where they made contacts that contributed to the success of this deal.
Today’s agreement is an important step toward a final investment decision for Ksi Lisims LNG, a project expected to attract over $30 billion in investment. It brings Ksi Lisims LNG and Canada’s trade diversification efforts another step closer to reality – and along with that, thousands of new jobs during construction and operation of the LNG facility and the associated pipeline, new supply chain opportunities, significant economic activity in British Columbia, and a contribution of more than $15 billion in GDP to the Canadian economy. Once fully electrified, Ksi Lisims LNG will become one of the world’s lowest-emission LNG operations, with emissions 94% below the global average.
By building major projects in partnership with Indigenous Peoples and securing new deals for energy exports, Canada is taking decisive action to build big, strengthen our economic security, and deliver clean growth that supports jobs, diversifies trade, and catalyzes long‑term prosperity.