June 19, 2025
TotalEnergies return to Canada shows the growing connection between Indigenous economies, Canadian industry players, and modern, global markets.
TotalEnergies has signed on to buy two million tonnes of liquefied natural gas (LNG) a year from the future Nisga’a-owned Ksi Lisims LNG facility on the northwest coast. That’s a big step back to Canadian energy for the French energy giant. The Prince Rupert Gas Transmission (PRGT) pipeline, which is key to the Ksi Lisims facility, just got approval from the British Columbia Environmental Assessment Office.
This 20-year deal comes after that approval and is a sign that global energy players are keeping their eyes on BC
It is a vindicaiton of the Canadian energy sector given TotalEnergies’ history in Canada. The company, which used to be called Total, had sold off most of its interests in Alberta’s oilsands because of high production costs, uncertain market conditions, and strict carbon reduction targets.
Read More: https://resourceworks.com/future-of-bc-lng-total-energies/