en.Wedoany.com Reported - Ksi Lisims LNG LP has signed a non-binding heads of agreement with Germany's SEFE (Securing Energy for Europe) for the purchase and sale of one million tonnes per annum of liquefied natural gas. This heads of agreement signals growing global interest in Canada as a future LNG hub and in Ksi Lisims LNG as a supplier.

Davis Thames, Founder, President and CEO of Western LNG, stated that the current global energy market demands greater security, affordability, and climate responsibility, and the Ksi Lisims LNG project was designed from the outset to meet these expectations without compromise. He also noted that the agreement with SEFE reflects growing confidence in Ksi Lisims LNG and its commercial and engineering approach, marking a significant step toward a final investment decision for the project.

The Ksi Lisims LNG project is designed to be one of the lowest carbon emission LNG facilities globally, utilizing clean hydroelectric power to significantly reduce lifecycle emissions compared to conventional facilities.

Sales to SEFE will be executed on a free-on-board (FOB) basis, with an agreement term of up to 20 years, subject to the finalization of a definitive sale and purchase agreement between the parties.

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