Blog Details

European Buyers Eye Canadian LNG to Diversify Supply

European energy companies are eyeing purchases of Canadian liquefied natural gas in search of supply diversification in challenging times, according to a Reuters report citing unnamed sources familiar with the matter. European energy buyers are already big clients of U.S. LNG producers, but long-term diversification would require spreading reliance over more suppliers, hence the interest in Canadian LNG, which has yet to start flowing. The report concerned a planned LNG export terminal, Ksi Lisim, which has yet to get a final approval and move…