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

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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.

 

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

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