Germany's Big LNG Deal With Canada May Never Deliver A Single Cargo

Germany's Big LNG Deal With Canada May Never Deliver A Single Cargo Authored by Andrew Topf via OilPrice.com, Germany has signed long-term LNG offtake agreements with Canada's Ksi Lisims project, seeking energy security and supply diversification amid heightened geopolitical risks. Despite the deals, Canadian LNG may never physically reach Germany due to geography, shipping economics, and the lack of Atlantic Coast export infrastructure. Instead, Germany could use LNG cargo swaps, sending Canadian gas to Asian buyers while receiving equivalent volumes from suppliers closer to Europe. The Iran war has made supplies of liquefied natural...