Germany touts possible 'major role' for Canadian LNG in shift away from Russia
TORONTO (Reuters) -Germany hopes Canadian liquefied natural gas (LNG) will help ease its shift away from Russian gas imports, Chancellor Olaf Scholz said on Tuesday, a day after Canada played down the economic viability and speed of setting up new export terminals.
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BERLIN (Reuters) - Germany hopes Canadian liquid natural gas will play a “major role” in its exit from Russian gas imports, Chancellor Olaf Scholz said on Tuesday in Toronto during a two-day visit to Canada.
“As Germany is moving away from Russian energy at warp speed, Canada is our partner of choice,” said Scholz at a German-Canadian economic conference in Toronto. “For now, this means increasing our LNG imports. We hope that Canadian LNG will play a major role in this.”
Canada and Germany are two perfectly matching pieces “in the global puzzle that is our multi polar world”, the chancellor said.
“Your country has almost boundless potential to become a superpower in sustainable energy and sustainable resource production,” he said.
Reporting by Thomas Escritt and Sarah Marsh, editing by Rachel More
