Canada to export liquefied natural gas to Germany, official says

Associated Press Associated Press

A person familiar with the matter says Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal.

The official confirmed Canada will sign the agreement with Germany’s SEFE, which stands for Securing Energy for Europe, from the proposed KSI Lisims export facility on the coast of British Columbia.

The official spoke on condition of anonymity as they were not authorized to speak ahead of Wednesday’s announcement.

The official said up to million metric tons of liquefied natural gas per year will be exported.

Prime Minister Mark Carney has set a goal to double non-U.S. trade in a decade.

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