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TotalEnergies Signs Canada LNG Agreement with Ksi Lisims LNG

  • On May 20, 2025, TotalEnergies entered into a 20-year agreement to acquire an annual supply of two million tons of liquefied natural gas from the planned Ksi Lisims LNG facility located in northern British Columbia.
  • The deal follows Ksi Lisims submitting an environmental assessment application in October 2023 and complements a similar 20-year SPA with Shell for two million tons annually.
  • The Ksi Lisims LNG project, a collaboration involving the Nisga'a Nation along with Rockies LNG Partners and Western LNG, is planning a 12 million ton per year facility that will run on hydroelectric power and aims to achieve net-zero readiness by 2030.
  • TotalEnergies acquired a five percent stake in Western LNG and holds an option to increase its ownership to about ten percent after the final investment decision.
  • The deal positions TotalEnergies to access Asia’s LNG market via a low-carbon Canadian supplier, while Ksi Lisims awaits final project approvals with completion possibly by 2029.
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Penticton Western NewsPenticton Western News
+5 Reposted by 5 other sources
Lean Left

Proposed Northwest B.C. LNG project secures another major global customer

TotalEnergies, a global supermajor oil and gas company, agrees to buy one-sixth of proposed facility's projected annual production

Houston TodayHouston Today
+5 Reposted by 5 other sources
Lean Left

Ksi Lisims LNG secures purchase commitment from another major global customer

TotalEnergies, a global supermajor oil and gas company, agrees to buy one-sixth of proposed facility's projected annual production

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Bloomberg broke the news in United States on Monday, May 19, 2025.
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