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Backers of Ksi Lisims LNG move closer to decision on construction of B.C. energy project

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Backers of Ksi Lisims LNG move closer to decision on construction of B.C. energy project
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Backers of the Ksi Lisims LNG project are nearing a decision on construction following a deal with Germany's SEFE. This agreement allows SEFE to schedule global LNG shipments, reflecting confidence in the project's viability. The project aims to export 12 million tonnes of LNG annually from British Columbia to Asia, amidst growing energy demands.

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The Globe and Mail
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Open this photo in gallery:Canada's Energy Minister Tim Hodgson in the House of Commons in Ottawa last November. Mr. Hodgson confirmed the agreement between Ksi Lisims and SEFE during a press conference on Wednesday.Blair Gable/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountBackers of the Ksi Lisims LNG project say they are moving closer to making a decision to forge ahead with construction in British Columbia after signing a deal with Germany’s state-owned utility SEFE.The deal will allow Berlin-based SEFE, which is short for Securing Energy for Europe, to have the flexibility to schedule shipments of liquefied natural gas globally.Houston-based Western LNG, the Nisga’a Nation and a group of natural gas producers named Rockies LNG are partners in…

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