European Buyers Eye Canadian LNG to Diversify Supply

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94%
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Short Term
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European energy companies are eyeing purchases of Canadian liquefied natural gas in search of supply diversification in challenging times, according to a Reuters report citing unnamed sources familiar with the matter. European energy buyers are already big clients of U.S. LNG producers, but long-term diversification would require spreading reliance over more suppliers, hence the interest in Canadian LNG, which has yet to start flowing. The report concerned a planned LNG export terminal, Ksi Lisim, which has yet to get a final approval and move…

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Original article published by OilPrice.com on April 16, 2026.
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