Trudeau does not sell when exporting liquefied natural gas to Europe

Prime Minister Justin Trudeau insists that Canada is a reliable supplier of clean energy and the solution to European countries’ dependence on Russian oil and gas, Prime Minister Justin Trudeau says he is not being sold for the idea Liquefied natural gas exports are part of a long-term plan.

Speaking alongside German Chancellor Olaf Scholz at Monday’s press conference – part of a three-day visit to Canada focused on energy security and clean technology that culminated with the signing of an export agreement hydrogen in Newfoundland on Tuesday – Trudeau appeared to question the “business case” to pursue LNG developments.

“Looking ahead, we’re in a situation where we’re going to do what we can to contribute to the global energy supply by increasing our capacity… And exploring ways to do that. see if exporting LNG makes sense and if there is a business case for exporting LNG directly to Europe,” Trudeau said.

“But over the medium to long term, Canada can and will position itself as a key energy supplier to the world in a zero economy. And that means investing in hydrogen, which means investing in hydrogen, which means investing in hydrogen. investing more in key minerals… it means investing in a range of solutions.”

Pressed on whether Canada is willing to export liquid natural gas to Germany, Trudeau said Canada is aware of the need to deal with the energy supply crisis, but will need to a substantial investment to build the necessary infrastructure.

“Conversion plants are often located close to LNG sources. And, when we consider the possibility that LNG plants on the east coast, which can ship directly to Germany, we see we have a long way to go. that’s doable, we have the infrastructure around that, but we’re looking very closely at how we can best help, “Trudeau said.

Europe is facing an energy supply crisis and countries are being asked to cut gas use in the face of continued uncertainty surrounding energy supplies from Russia. . Dramatic cuts to the flow of natural gas have prompted countries to try to build up their stockpiles, and have prompted countries like Germany to look for alternative sources.

Scholz said his country is taking steps to find alternative energy sources and is promoting the construction of new ports and pipelines, keeping in mind Germany’s climate goals.

“That’s the basis on which we now talk to other countries that have an opportunity. Canada is one of them,” he said. We talk to these countries to help us tap into the sources of inputs. new,” he said.

Ahead of Scholz’s visit, Trudeau said Canada was looking to supply more oil and gas to Europe “in the short term,” while also outlining how the world could move oil and gas together quickly. than. At the time, the Prime Minister said Canada was considering short-term liquefied natural gas proposals that could eventually be converted to exports of hydrogen, a clean alternative fuel.

On Monday, Trudeau said Canadian companies were still in discussions with Germany about whether the current “new context” would make it possible to invest in liquefied natural gas projects that have been proposed but not yet pursued. Highlights include Atlantic Canada and Quebec or not, keep in mind that Germany also has. plans to transition to cleaner energy sources.

“From the government’s point of view, easing the processes – because of the difficulty Germany is facing – to ensure that we can get through the regulatory hurdles faster, is something we are willing to do.” “, said Trudeau. “But there needs to be a business case. It needs to make sense for Germany.”

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