The Canadian Government Will Not Fund New LNG Terminals ...Middle East

Canada will not financially support two proposed LNG export projects, although it will help with the negotiations with the prospective buyers in Germany, Natural Resources Minister Jonathan Wilkinson told the Globe and Mail in an interview. Demand for LNG has soared this year as EU members seek to reduce their energy dependence on Russia. After becoming the largest buyer of U.S. LNG, the EU seems to be looking for diversification options over the longer term. Reuters reported at the end of last month that Germany was in talks with Canada about…

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