Will Canada boost LNG exports amid German concerns? ‘Business case’ is key: Trudeau - National | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Will Canada boost LNG energy exports to Germany? ‘Business case’ is key: Trudeau

faced repeated questions on Monday about whether Canada is prepared to ramp up liquified natural gas exports.“There are a number of potential projects, including one in Saint John and others, that are on the books for which there has never been a strong business case because of the distance from the gas fields,” Trudeau said Monday during a press conference alongside German Chancellor Olaf Scholz.

Germany, which is heavily reliant on Russian gas supplies, has been experiencing a reduction in the power source as the Russia-Ukraine war continues. The two-year waiver allows six Siemens Energy turbines, which were in Montreal for repairs, to be returned to Germany for use in the Russian state-owned Nord Stream 1 pipeline.Ukrainian President Volodymyr Zelenskyy said last month that Canada’s decision to grant the waiver was “absolutely unacceptable.” Trudeau has defended the decision, however, and continued to do so on Monday.

In anticipation of future uncertainty, Germany has increased imports from other countries — including Belgium and the Netherlands.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Populism isn't good because he's not popular lol this clown man

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian, German leaders defend decision to return gas turbine to Russian companyPrime Minister Justin Trudeau is defending his government's decision to allow the return of turbines to Russian state-owned energy giant Gazprom, as Ukraine renews its calls for Canada to reverse course. 'Zelenskyy's been scamming us so we decided to piss him off' Again Funny how these leaders flee when their own countries are in turmoil and protests.
Source: CTVNews - 🏆 1. / 99 Read more »