Canada Examines Feasibility of Direct LNG Exports to Europe
8/22/2022
(Reuters) — Canada is exploring ways to see if there is a business case to export LNG directly to Europe from its east coast, Prime Minister Justin Trudeau said on Monday.
Speaking alongside German Chancellor Olaf Scholz in Montreal, Trudeau said "we will do what we can" to contribute to the global supply of energy by increasing capacities in the short term.
Canada will also "explore ways to see if it makes sense to export LNG and if there's a business case for it to export LNG directly to Europe ... economic conversations are going on between businesses in Canada and in Germany," Trudeau told reporters.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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