Canada is set to initiate negotiations to supply liquefied natural gas (LNG) to German buyers, aiming to meet the increasing demand for energy across the European Union. Finance Minister Mark Carney highlighted opportunities in critical minerals cooperation with Germany and indicated that Canada plans to announce new port infrastructure investments within two weeks to support LNG exports. Despite questions regarding Canada's current limitations in pipeline capacity and east coast port facilities, the government is moving forward with discussions to enhance energy cooperation between the two countries.
Carney Seeks Critical Minerals Cooperation With Germany, Opens Door to LNG Exports https://t.co/rRiEBp1GjC
Touting ‘enormous’ LNG opportunities, Carney says Canada to unveil new port infrastructure investments within two weeks, @rachaiello reports. https://t.co/UuuvFtfqKJ Find out more at https://t.co/1zbPY5GAhV https://t.co/XOmFw6SmJo
A German reporter asks Carney what Canada can actually provide to Germany in terms of energy given its lack of pipelines and an adequate east coast port. The question comes after Carney claimed the two countries can co-operate on energy following the signing of a critical https://t.co/xfn7BaRd3t