World
Uniper signs deal to import Canadian LNG from 2032
Uniper has signed a contract to import 2 million tonnes of Canadian liquefied natural gas each year from 2032. The agreement with the Ksi Lisims project may run for up to 20 years. Uniper says using hydropower for liquefaction will reduce CO2 intensity by 90% compared with conventional LNG facilities. The German group, which was rescued by the state in 2022, presents the deal as a way to diversify Europe’s energy supplies. Financial terms were not disclosed in the information available.