German energy company Uniper has signed a preliminary agreement expressing interest in securing liquefied natural gas from the proposed Ksi Lisims project in Canada, according to a joint statement released on Monday.
The document is a letter of interest that covers a potential offtake for 2 million tonnes per year of LNG from the planned export facility on British Columbia s Pacific coast. The arrangement is non-binding and outlines the possibility that Uniper would receive contracted volumes if the project proceeds to final agreements.
The Ksi Lisims development is designed to reach a total export capacity of 12 million tonnes per year. Project proponents have indicated construction could commence by 2027. Under the timeline described in the joint statement, Uniper could start receiving deliveries from the facility in 2032 should the project and contracts progress as envisaged.
Uniper said the preliminary agreement would help diversify its procurement mix and contribute to the security of supply. The company framed the move as part of broader sourcing efforts. The statement noted that the deal follows a similar preliminary agreement signed last month by the German energy firm SEFE.
The announcement also highlights two parallel policy and market trends noted in the joint release: Canadian efforts to expand LNG exports and European ambitions to secure alternative gas routes after the previous main supplier, Gazprom, stopped deliveries in 2022.
Context and consequences
While the letter of interest does not constitute a finalized purchase contract, it signals Uniper s intent to pursue long-term supplies from the Ksi Lisims export terminal. The proposed 12 million tonnes per year capacity would allow multiple parties to secure volumes if the project proceeds to construction and operations as planned.
The timeline in the statement presents a sequence of milestones - a potential construction start by 2027 and first deliveries to Uniper in 2032 - that market participants and stakeholders will monitor as the project advances toward final investment decisions.
Related details
- The letter of interest covers a possible offtake of 2 million tonnes per year.
- The Ksi Lisims export facility is planned with a total capacity of 12 million tonnes per year.
- Construction could begin by 2027, and deliveries to Uniper could start in 2032.