rebelnewshace 60d
Subhead:Germany is still trying to lock down liquified natural gas deals, with Chancellor Friedrich Merz travelling to the Middle East this week in search of trade deals, years after Justin Trudeau claimed there was “no strong business case” for Canada to export LNG to Germany.#YouTube-embed:C4t33uJt91MGermany is on the hunt for liquefied natural gas — and it’s heading to the Middle East to get it.The German chancellor is travelling to Saudi Arabia and Qatar this week, trying to lock down long-term LNG supply deals as Europe works to stabilize its energy security after losing access to low-cost Russian gas.Germany is the European Union’s largest energy consumer. It needs reliable fuel, and it is actively signing contracts to get it — including long-term LNG supply agreements with U.S. exporters, and now potentially with Gulf producers.Which makes this awkward for Canada.Because just a few years ago, Ottawa said exporting Canadian LNG to Europe didn’t make economic sense.In August 2022, standing beside Germany’s chancellor, Justin Trudeau told reporters there had “never been a strong business case” for shipping Canadian LNG to Europe from Canada’s East Coast.Fast forward to today. Germany is locking down LNG wherever it can — because energy security matters.And Canada? Canada still doesn’t have the internal infrastructure to even move its own natural gas across the country efficiently.