Trudeau made the comments Monday during a joint press conference with his German counterpart, Olaf Scholz, who is visiting Canada for the first time as chancellor.
“But there needs to be a business case. It needs to make sense for Germany to be receiving LNG directly from the East Coast. Those are discussions that are ongoing right now between our ministers, between various companies to see if indeed it makes sense,” Trudeau said. Trudeau said Canada’s best chance of helping its allies may be to continue supplying natural gas to global markets via existing pipelines to the United States, and then eventually through LNG exports on Canada’s West Coast, where the country’s only export terminal is under construction.
The German chancellor is facing an energy crisis at home where European natural gas prices have hit record levels on fears that Russian supply cuts could tip the German economy into recession.
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:
financialpost Trudeau wouldn’t know a business case if he fell into one
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.
Trudeau douses excitement over East Coast gas exports, calling business case weakICYMI: Trudeau douses excitement over East Coast gas exports, calling business case weak Renewables Oil Gas Energy Commodities feckless Business No, it's all about the Photo-Op of the day. if proven reserves are enough to justify extraction over several decades, you would need a number of deep sea wells, a few transfer terminals, and a fleet of LNG carriers running on a transatlantic shuttle service, all while limiting emmisions and pollution
Source: financialpost - 🏆 7. / 85 Read more »
Trudeau douses excitement over East Coast gas exports, calling business case weakICYMI: Trudeau douses excitement over East Coast gas exports, calling business case weak — via financialpost Renewables Oil Gas Energy Commodities financialpost It's the job of him and his cabinet to try to make the business case strong. TrudeauNationalDisgrace financialpost Sorry, not approved by WEF..
Source: VancouverSun - 🏆 49. / 61 Read more »
Trudeau douses excitement over East Coast gas exports, calling business case weakICYMI: Trudeau douses excitement over East Coast gas exports, calling business case weak — via financialpost Renewables Oil Gas Energy Commodities financialpost Meanwhile south of the border…. financialpost But legal cannabis has a strong business case 🙄 financialpost Everything he says, the opposite is true.
Source: nationalpost - 🏆 10. / 80 Read more »
Trudeau douses excitement over East Coast gas exports, calling business case weakICYMI: Trudeau douses excitement over East Coast gas exports, calling business case weak — via financialpost Renewables Oil Gas Energy Commodities financialpost Something or someone is weak, but I don’t think it’s the business case financialpost Gas sells in Western Canada for $2 and sells in Europe for $90. I don't have an MBA, but I think I could make a business case. financialpost And we should believe him why? He know nothing of fiscal policy, basic economics, or business plans.
Source: calgaryherald - 🏆 64. / 52 Read more »