Insight
Canada exploring feasibility of direct LNG exports to Europe -PM Trudeau
(Reuters) – Canada is exploring methods to see if there’s a enterprise case to export liquefied pure fuel (LNG) on to Europe from its east coast, Prime Minister Justin Trudeau stated on Monday.
Talking alongside German Chancellor Olaf Scholz in Montreal, Trudeau stated “we are going to do what we will” to contribute to the worldwide provide of vitality by growing capacities within the brief time period.
Canada will even “discover methods to see if it is smart to export LNG and if there is a enterprise case for it to export LNG on to Europe … financial conversations are occurring between companies in Canada and in Germany,” Trudeau instructed reporters.
(Reporting by Ismail Shakil and Steve Scherer in Ottawa)