MNI BRIEF: BOJ: H’hold 5-Yr Inflation At 5% On Higher Prices

MNI BRIEF: China Steel Export Growth Slows In June

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1315 Fri; -1.12% Y/Y

Inflation Momentum Ticks Up Despite Lower-than-expected Print

Services Still Sticky As Spain HICP Revised A Tenth Higher

MNI: SPAIN JUN HICP +0.4% M/M, +3.6% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Canada Exploring East Coast LNG Exports for Europe

LNG

Canada’s Trudeau said his country was exploring ways to see if there was a business case to export LNG from Canada’s east coast, directly to Europe in a press conference yesterday evening.

  • German Chancellor Olaf Scholz is visiting Canada right now and European energy security is part of the agenda. "we will do what we can" to contribute to the global supply of energy by increasing capacities in the short term Trudeau said.
  • Canada will also "explore ways to see if it makes sense to export LNG and if there's a business case for it to export LNG directly to Europe ... economic conversations are going on between businesses in Canada and in Germany," he said.
  • Canada has been reluctant from an environmental standpoint to invest in east coast LNG infrastructure in the past. The futureproof plan is to design it to work in a hydrogen fuelled economy in the future.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.