German utility Uniper has locked down a formal long-term agreement to purchase liquefied natural gas from the Ksi Lisims project planned for the northern British Columbia coast.
The Duesseldorf-based company will purchase two million tonnes per year of LNG for up to 20 years, with first deliveries expected in 2032, Uniper and Ksi Lisims said in a joint news release. They signed a letter of interest last month outlining key commercial terms for the binding supply and purchase agreement announced Wednesday.
The deal marks the first major long-term LNG supply agreement between Canada and Germany, they said.
“As a trusted partner, Canada helps diversify Europe’s energy supply and
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