Germany deepens Canada energy ties with provisional LNG deal

Uniper SE

08/06/2026 12:57

By Christoph Steitz

    FRANKFURT, June 8 (Reuters) - German energy firm Uniper UN0k.DE has signed a preliminary agreement to secure liquefied natural gas from a key project in Canada, a joint statement said on Monday, the latest sign of an intensifying energy partnership between the two countries.
The deal to procure LNG from Canada's Ksi Lisims, a proposed export facility to be located on British Columbia's Pacific coast, comes hot on the heels of a similar deal by Uniper's German peer SEFE last month.
Uniper and Ksi Lisims LNG have signed a letter of interest for a possible offtake agreement of 2 million tonnes of LNG per year
Construction of Ksi Lisims, which has a planned total capacity of 12 million tonnes per year, could begin by 2027
Uniper could get LNG volumes from the project from 2032
Uniper said the deal would further diversify its procurement and add to the security of supply
The agreement reflects Canadian efforts to expand exports and European ambitions to bolster alternative gas routes after former main supplier Gazprom GAZP.MM stopped delivering in 2022
Reuters previously reported that Uniper was in talks to buy LNG from Canada and that it was interested in volumes from Ksi Lisims

 (Reporting by Christoph Steitz; editing by Matthias Williams)
 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647))