Canada and Germany sign long-term LNG supply agreement

Canada and Germany have finalized a liquefied natural gas (LNG) supply agreement, marking a significant shift in their bilateral trade relations. The deal, concluded on May 27, commits owners of British Columbia's Ksi Lisims LNG project to supply a German state-owned energy company with LNG for two decades, beginning in 2030. This partnership follows previous unsuccessful gas supply discussions four years ago. The agreement comes as Canada reportedly seeks to enhance its economic sovereignty amidst global trade challenges. Sources: Le Monde.