Menu
VANCOUVER, B.C. – Ksi Lisims LNG LP ("Ksi Lisims LNG") has entered into a Heads of Agreement ("HOA") with Germany's SEFE (Securing Energy for Europe) for the sale and purchase of 1 million tonnes per annum of LNG. The milestone agreement represents increasing global interest in Canada as a future LNG hub and in Ksi Lisims LNG as a supplier of choice.
“This agreement comes at a time when energy markets around the world are being asked to do more – to be more secure, more affordable, and more responsible from a climate perspective. The Ksi Lisims LNG project was designed from the outset to meet those expectations, not by compromise, but by design," said Davis Thames, Founder, President, and Chief Executive Officer of Western LNG. “Our agreement with SEFE reflects growing confidence in Ksi Lisims LNG, our commercial and engineering approach, and brings our project a significant step closer to starting construction."
Ksi Lisims LNG is designed to be one of the lowest‑emissions LNG facilities in the world, leveraging clean hydroelectric power, significantly reducing lifecycle emissions compared to legacy facilities.
Sales to SEFE will be on a Free On Board basis for up to 20 years and are subject to the completion of a Sales and Purchase Agreement.
About Ksi Lisims LNG
Ksi Lisims LNG, meaning “from the Nass River” in the Nisga’a language, is a proposed net-zero liquefied natural gas project in British Columbia, Canada. It will be sited on Nisga’a Nation-owned land on the northern tip of Pearse Island. Powered by renewable hydroelectricity, Ksi Lisims LNG is designed to be the lowest emission intensity LNG facility in the world with a pathway to net-zero. The facility will produce 12 million tonnes per annum of LNG from two floating LNG production and storage facilities.
About SEFE
SEFE is an international energy company anchored in Europe, delivering energy solutions that ensure reliable and affordable supply. Their activities span the entire energy value chain – from origination and trading to sales, transport and storage. With decades of trading expertise and a growing LNG portfolio, SEFE is one of Europe’s leading suppliers to industrial customers, providing more than 200 TWh of gas and power each year. They supply over 50,000 clients, from small businesses to municipalities and multinational organisations. By investing in clean energies, they support their customers on their decarbonisation journey and contribute to the energy transition. SEFE employs over 2,000 people worldwide and is owned by the Federal Government of Germany.
About the Ksi Lisims LNG Proponents
The Nisga’a Nation is a self-governing, modern treaty Nation with significant, defined control of and rights over their lands. The Ksi Lisims LNG project will be sited on land owned by the Nisga’a Nation at the northeastern tip of Pearse Island in British Columbia. https://www.nisgaanation.ca
Rockies LNG Partners is a limited partnership comprised of Canadian natural gas producers formed to advance LNG market access opportunities on the west coast of British Columbia. Rockies LNG’s partners collectively produce approximately half of Canada’s natural gas and are committed to responsible development of Canadian natural gas resources. http://www.rockieslng.com
Western LNG, with offices in Houston Texas, Vancouver, and Calgary, is a midstream project development company with an experienced management team in the development, construction and operation of LNG facilities, pipelines, and related energy infrastructure. https://www.westernlng.com
