Canada wants to sell LNG to Germany. Critics say it is a race with time – my country

Canada entered renewed discussions Germany Prime Minister Mark Carney said on Tuesday – when providing liquefied natural gas, the head of critics who says he should have had become a reality for years.

Speaking alongside German Chancellor Friedrich Mirz in Berlin, Carney said that his government will issue ads in the next two weeks on financing the new ports infrastructure, which could distinguish the first “national interest” projects approved by the legislation approved in the spring.

Carney specifically determined the expansion of Contrecoeur in the port of Montreal, which is scheduled to increase the capacity of the containers by up to 40 percent, and to activate the Churchill port in northern Manitoba.

Carney said that the last project “will open the massive liquefied natural gas (export capabilities), in addition to other opportunities” to charge critical minerals and minerals to Europe, that the creation of a “new port, effectively.”

Speaking to journalists in Berlin at a separate event, Energy Minister Tim Hodgson said that the goal that Canadian supporters sell to German buyers are “able to ship in less than five years.”

Adam Banker, the lecturer of the faculty at the College of Business Administration at the University of Columbia, said that the new timetable is “theoretically possible”, but it does not carry his breath.

He said in an interview: “I would like to see everything the government says with the context of the last (few) years of the inability to accomplish anything.”

“Until we see that the situation has changed permanently, I don’t think there is any reason to take the government with a word about anything in this file, even if I hope this is the change that is under the foot.”

In 2022, months after Russia invaded Ukraine, he led Germany and other European countries to search for alternatives to Russian oil, The then Minister of Leader, Justin Trudeau, publicly interrogated the “issue of work” Canada would have become a liquefied natural gas supplier across the Atlantic Ocean.

“There are a number of potential projects … on books that were not a strong commercial issue due to the distance from the gas fields,” Trudeau told reporters at the time alongside the German adviser Olaf Scholls.

“We are now looking, and companies are looking, whether the new context makes it a commercial issue worthy of making these investments.”

Exactly three years later, Hodgson said that the work issue had already changed.

He said: “I think there is a view a few years ago that the need for natural gas will be relatively simple and relatively relatively.”

“I think what we all realize after Ukraine has spread what is happening with artificial intelligence, that natural gas will be a transitional fuel in a greater demand in Germany and for a longer period of time. Canada has the opportunity to be a great partner for Germany in this regard.”

Hodgson said another change is the launch of the first liquefied gas shipments to LNG to Asia in June from the export facility that was just opened in Kitimat, BC

The first phase of the project is expected to issue 14 million tons of gas annually. The second stage will double this output.

There are five other export facilities in different stages of construction or organizational approval – all in British Columbia, all of which are aimed at providing liquefied natural gas to Asia. Projects are expected to start working between 2027 and 2030.

The efforts to build the export capacity on the eastern coast were more difficult. His planned at the Saint John Lng facility in New Bronzwek would allow export He died in 2023 When the Spanish company stumbled behind the proposal at increasing costs.

The Quebec government rejected a proposal to the LNG facility in the Sagoenay region of Quebec in 2021, amid widespread opposition to the project.

However, in recent months, Prime Minister François Legaut has repeatedly said that Qubeson is more open to fossil fuel projects in the province due to the ongoing trade war with the United States.

In July, Legaut confirmed that his team members met with representatives of Marinvest Energy Canada, a new subsidiary of the Norwegian Energy Company that says it wants to build an export of liquefied natural gas in Quebec.

The Prime Minister said at the time that the project, which will be built along the northern beach of the St. Lawrence River in the Cote Nord area in the province, was “very primary.”

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Pankraz notes that, in addition to building a port capacity and storage capacity, a new pipeline from West Canada will also be necessary for exporting liquefied natural gas. This is also, as he says, is possible but doubtful given the concerned “huge obstacles”.

“Regardless of the mere material building of the pipeline, you have to find a company you want to build,” he said.

“You have to get the first countries on board, and you have to get societies on board. You must basically any challenge or resistance, or be ready to spend a huge amount of political capital on their refinement only. I see it is very unlikely.”

On Tuesday, the Prime Minister in Manitoba Keno told the correspondents that his government clarifies the case to Carney Ministers and Ministers of the Council of Ministers at the Churchill Port as a “National interest” project.

He said that the port provides a competitive advantage, given its location in the north and closer to West Canada, and he was encouraged to hear Carne repeating those points in Germany.

Carney said that any project was built under the Law of the major federal projects, which aims to take rapid approvals and reviews to two years, will require purchase from the first nations and local governments, in addition to meeting environmental standards.

Conservatives called on the liberal government to abolish the regulatory laws of the current energy project to more fast -track approvals and obtain built projects, on the pretext that the builders need certainty to invest in Canada.

Hodgson said on Tuesday that he had met with “many German companies that were very interested in working with us.”

Canada is now racing against the United States, which has become the largest global exporter of liquefied natural gas in the seven years it took to build the first phase of LNG in Canada.

Three new facilities can start their operations by the end of next year to increase the ability to export LNG in the country by 50 percent, According to the US Energy Information Department.

The new commercial deal for President Donald Trump with the European Union includes a commitment to buying $ 750 billion in US oil and gas in the next four years, which is a pledge Analysts said it was not possible.

The European Union has already had a deal since 2022 to buy American LNG after Russia invaded Ukraine.

This does not mean that Canada does not face pressure, as the allies continue to sign energy deals with each other in an attempt to confront Russia, as well as China and other numerical countries.

“We are desperate,” Pantarats said. “The economic situation (for the sale of LNG to Europe) is the same (as it was three years ago), but the economic need is greater.”

The expert team in relations between Canada and the United States at the University of Carlton, in A white paper in the future of the energy sector in Canada The liquefied natural gas infrastructure has been released in July, which must be among the main projects approved during the next six months, a time frame that the group said is “decisive” to ensure the success of the new law.

She said that liquefied natural gas alone could increase the gross domestic product in Canada by at least $ 11 billion annually.

“If Canada does not receive its business together … this is the biggest failure of economic policy for decades,” Pantrazatz said. “It is incredible if we miss this opportunity.”

– With files from the Canadian press