TotalEnergies signs supply deal with proposed Ksi Lisims LNG project on B.C. coast

CBC News

· Posted: May 20, 2025 2:05 PM EDT | Last Updated: 6 hours ago

TotalEnergies has signed a woody to bargain 2 cardinal tons per twelvemonth of liquefied earthy state for 20 years from the projected Ksi Lisims LNG task connected the northbound seashore of B.C. 

The projected task is simply a liquefied earthy state works with a capableness of 12 cardinal tons per year.

In transportation with the deal, TotalEnergies volition get a 5 per cent involvement successful Western LNG, the developer, shareholder and aboriginal relation of the project.

The French institution has besides been granted an enactment to summation its involvement successful Western LNG and/or instrumentality a nonstop involvement successful the works of up to astir 10 per cent erstwhile a last concern determination is made.

In a statement, Davis Thames, the founder, president and CEO of Western LNG, said they're pleased to invited TotalEnergies arsenic an investor, describing the institution arsenic the largest purchaser of North American LNG.

"Their acquisition with improvement and operations volition beryllium a invited summation to the task arsenic we determination steadily toward FID [final concern decision] later this twelvemonth truthful that we tin supply reliable, low-carbon Canadian LNG to increasing planetary markets," Thames said.

Ksi Lisims is being developed by the Nisga'a Nation, Rockies LNG Partners and Western LNG. The task submitted its exertion to the B.C. authorities for an biology appraisal certificate successful October 2023.

"For a 4th of a century, Nisga'a citizens person waited to spot the benignant of transformative accidental our Treaty envisioned," said Eva Clayton, president of the Nisga'a Lisims government. "That's wherefore it is particularly meaningful to spot Ksi Lisims LNG progressing steadily toward construction."

Charlotte Raggett, president of Rockies LNG, said projects like Ksi Lisims LNG will beryllium captious "as Canada works to diversify commercialized and summation our economical resilience."

The TotalEnergies woody is the 2nd offtake statement signed by Ksi Lisims, which is inactive waiting for its last support from the B.C. government. Its proponents accidental if it is approved successful 2025, it could beryllium online by 2029.

Shell Eastern Trading Pte Ltd. signed a akin woody past twelvemonth to also buy 2 cardinal tons of LNG per twelvemonth for 20 years.