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.
ADNOC explores Canadian upstream and LNG opportunities
Abu Dhabi National Oil Company’s (ADNOC) is exploring investments in Canada’s upstream and LNG sectors through its affiliate XRG, upstream CEO Musabbeh Al Kaabi said at the at the Global Energy Show in Calgary this week.
Germany’s SEFE agrees to offtake Ksi Lisims LNG from Canada
German state gas importer SEFE has agreed to buy 1 mtpa of LNG from Canada’s planned Ksi Lisims liquefaction project in British Columbia, with deliveries set to begin in the early 2030s for a tenure of up to 20 years.
