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TotalEnergies Signs Canada LNG Agreement with Ksi Lisims LNG

  • On May 19, 2025, TotalEnergies entered into a 20-year contract to purchase 2 million tons annually of liquefied natural gas from the planned Ksi Lisims liquefaction facility in Western Canada.
  • The deal follows Ksi Lisims LNG's progress toward final investment decision and the project's environmental assessment application submitted in October 2023.
  • TotalEnergies will acquire a 5% stake in Western LNG, developer of Ksi Lisims, with an option to increase its share to about 10% upon project approval.
  • Stéphane Michel said the purchase will diversify TotalEnergies’ LNG portfolio and better serve Asian customers while partnering on a very low CO2 emission plant.
  • This agreement strengthens TotalEnergies’ presence in North America LNG supply and supports the development of a low-carbon LNG project with privileged access to Asia.
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Bloomberg broke the news in United States on Monday, May 19, 2025.
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