Will Canada boost LNG exports amid German concerns? ‘Business case’ is key: Trudeau
Global News
Canada's best bet for helping Germany right now, Prime Minister Justin Trudeau added, is to "continue to contribute to the global market."
As summer draws to an end and the prospect of winter gas shortages in Germany near, Prime Minister Justin Trudeau faced repeated questions on Monday about whether Canada is prepared to ramp up liquified natural gas (LNG) exports.
The answer, he suggested, lies with businesses.
“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.
“We are looking right now and companies are looking at whether the new context makes it a worthwhile business case to make those investments.”
Canada’s best bet for helping Germany right now, Trudeau added, is to “continue to contribute to the global market.”
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