The deal commits Uniper to buying two million tonnes per annum (mtpa) of liquefied natural gas for up to 20 years, beginning in 2032. It’s being described as Canada’s first binding LNG offtake agreement with Europe, representing a firmer commitment than the letter of interest the Nisga’a Nation-led project in northwestern British Columbia and Germany’s SEFE signed in May. (The Logic)

Talking point: Together, the two German agreements would account for up to one-quarter of Ksi Lisims LNG’s planned annual export capacity and represent a major step forward for what could become the country’s second-largest LNG facility, after LNG Canada. Including previously announced agreements with Shell and TotalEnergies, the project has now publicly confirmed customer commitments covering about 7 mtpa, or roughly 58 per cent of its planned 12 mtpa of capacity. The proposed floating LNG export terminal north of Prince Rupert, B.C. was referred to the federal Major Projects Office last November—but a final investment decision is still pending and is expected by the end of the year.