Canada Announces First Long-Term LNG Supply Deal With European Buyer

Canada has announced its first long-term liquefied natural gas supply agreement with a European buyer, a deal intended to diversify the country’s trading partners and support global energy security.

Canada’s Minister of Energy and Natural Resources said Ksi Lisims LNG will supply Securing Energy for Europe, or SEFE, of Germany with one million tonnes per annum of low-carbon LNG for up to 20 years. Deliveries are expected to begin by the early 2030s.

The agreement marks a milestone for Canada’s LNG sector because it establishes a long-duration supply relationship with a European customer. The announcement comes as governments and companies continue to reassess energy supply chains and seek alternatives that reduce dependence on existing sources.

According to the research record, the deal is also part of Canada’s broader effort to diversify trade beyond traditional markets. The supply arrangement positions Canadian LNG as a potential contributor to European energy security over the coming decades.