New US tariffs on Canadian imports could raise LNG project costs
The collapse of US-Canada trade negotiations, followed by new US tariffs of up to 50% on a range of Canadian imports, could raise construction costs and make new Canadian LNG export projects harder to finance.
Canada’s Kino Aski LNG liaises with Marinvest on 15 mtpa project
Kino Aski, led by the Atikamekw Nation, has partnered with energy developer Marinvest Energy Canada to develop a 15 mtpa LNG project in Quebec, targeting European buyers. The project is still in the development phase, with technical studies, environmental assessments and consultations underway.
Uniper firms up 2 mtpa of LNG from Canada’s Ksi Lisims project
German state-controlled utility Uniper has agreed to offtake 2 mtpa of destination-flexible LNG from Canada’s proposed Ksi Lisims terminal in British Columbia. First deliveries are expected from 2032.
PetroChina may sell LNG Canada stakes
PetroChina is considering divesting part of its 15% share in LNG Canada Development Inc. in Kitimat, British Columbia, to help finance a planned Phase 2 expansion of the liquefaction project, people familiar with the matter told Bloomberg. The Chinese state-owned producer, which is working with an adviser to gauge buyer interest, may reduce its holding gradually through several smaller transactions.
LNG importers seek optionality, not just molecules
Optionality, not just molecules, is what LNG buyers are scrambling for as spare capacity shrinks and shipments from Qatar remain constraint. As sources for ‘safe’ supply become finite, each new shipping disruption has a greater impact on prices and procurement decisions, analysts warn.
US, Canada offset 70% of lost LNG supply via Hormuz
Soaring LNG trade flows from the US and Canada have offset around 70% of the lost supply via the Strait of Hormuz, though further military escalations in the region and delays in restoring Qatari exports keeps could prolong market tightness into 2027, the International Energy Agency (IEA) warns.
LNG Canada at one year: equity resolves offtake, not a channel
LNG Canada passed a year of exports with feedgas near Phase 1 capacity. Across 106 loadings since the first sailing from LNG Canada since last June, South Korea took the largest single share, roughly one cargo in three, ahead of Japan at a quarter and China at just over a fifth.
Canada to export Alberta oil via BC, accelerate LNG projects
Canada has moved closer to unlocking a new Pacific Coast crude outlet from Alberta while fast-tracking British Columbia LNG projects with the aim of tripping LNG production and export beyond 2030.
Montney eyed as strategic assets for Canada’s LNG ambitions
Designating the Western Canadian Sedimentary Basin and the Montney formation as “strategic national assets” would help reduce feedgas risk and uncertainty facing Canada’s LNG sector today, Ottawa-based Public Policy Forum said in a report on unlocking LNG export potential.
InCommodities targets North America
Danish energy trader InCommodites, backed by Goldman Sachs, is preparing to make a foray into physical gas markets in the United States and Canada, venturing beyond its core European power and gas trading business. The Aarhus-headquartered company reported a sharp drop in 2025 net profit to €2.95 million, down from nearly €73 million a year earlier, citing tighter trading margins and increased upfront investment in building out trading desks in the US and Asia.
