Skip to content
Back to Guavy Wire
Commodities

Ksi Lisims LNG Secures Major German Export Deal

Instruments
Natural Gas
Share

Ksi Lisims LNG has secured a major long-term export deal with Uniper, a German energy company. The agreement will see Uniper purchase two million tonnes of liquefied natural gas (LNG) per year from the proposed floating facility north of Prince Rupert.

The deal is significant as it marks the first major long-term LNG supply agreement between Canada and Germany, strengthening their strategic energy partnership. It also represents a key step towards securing a final investment decision for the project, which has already received its environmental assessment certificate from the province in September 2025.

The total contracted capacity now stands at seven million tonnes per year (Mtpa), with backers Western LNG aiming for an 80-90% commitment of capacity (around nine to ten Mtpa) for a final investment decision. The project has also secured agreements with Shell, TotalÉnergies, and Germany's SEFE.

The Ksi Lisims facility will be supplied by the Prince Rupert Gas Transmission pipeline, which is currently under construction but awaits a final investment decision itself. The pipeline faces legal challenges in the B.C. Supreme Court, adding uncertainty to the project's timeline.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc