What is the significance of the LNG agreement between Canada and Germany's SEFE for the Ksi Lisims project?

The agreement is a large-scale LNG deal with Germany's SEFE for liquefied natural gas from the Ksi Lisims planned export facility on British Columbia's coast, to be announced by Canada's Natural Resources Minister Tim Hodgson in Vancouver; it represents a key step toward finalizing purchaser contracts ahead of Ksi Lisims' expected final investment decision this year.

Who are the developers behind the Ksi Lisims LNG facility and what is its planned capacity?

The Ksi Lisims facility is proposed by Houston-based Western LNG, a consortium of Canadian natural gas producers called Rockies LNG, and the Nisga'a First Nation—who own the land—and will have a capacity of 12 million tonnes of LNG per year, making it Canada's second-largest LNG export facility.

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