Germany hopes to import LNG from Canada to speed transition away from Russian fuel

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Germany hopes to import LNG from Canada to speed transition away from Russian fuel
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Germany and Canada have been discussing options for an LNG terminal on Canada’s east coast to export to Europe, German officials said

Meeting Monday on the sidelines of the Group of Seven summit in Bavaria, Scholz and Trudeau discussed how to maintain pressure on President Vladimir Putin and cut reliance on Russia for energy. “The two countries will cooperate even better than they already do,” Scholz said, standing next to Trudeau before their talks at Schloss Elmau.

An agreement can’t come quickly enough for Europe’s biggest economy. Scholz’s government last week warned that recent Russian moves to slash Europe’s gas supplies risked sparking a collapse in energy markets.

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