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TotalEnergies signs major LNG deal with Canadian Ksi Lisims project, aiming for lower emissions.
TotalEnergies has signed a 20-year deal to buy 2 million tons per year of liquefied natural gas (LNG) from the Ksi Lisims LNG project in British Columbia, Canada.
The company also acquired a 5% stake in Western LNG, the project's developer, with the option to increase its stake to up to 10%.
The Ksi Lisims project, powered by hydroelectricity, is set to be one of the lowest CO2-emitting LNG facilities globally, aiming to supply Asian markets.
This move helps TotalEnergies diversify its LNG portfolio in North America and aligns with its goal to increase natural gas in its sales mix.
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TotalEnergies firma un gran acuerdo de GNL con el proyecto canadiense Ksi Lisims, con el objetivo de reducir las emisiones.