Trudeau douses excitement over East Coast gas exports, calling business case weak

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

ICYMI: Trudeau douses excitement over East Coast gas exports, calling business case weak — via financialpost Renewables Oil Gas Energy Commodities

Trudeau made the comments Monday during a joint press conference with his German counterpart, Olaf Scholz, who is visiting Canada for the first time as chancellor.

“But there needs to be a business case. It needs to make sense for Germany to be receiving LNG directly from the East Coast. Those are discussions that are ongoing right now between our ministers, between various companies to see if indeed it makes sense,” Trudeau said. Trudeau said Canada’s best chance of helping its allies may be to continue supplying natural gas to global markets via existing pipelines to the United States, and then eventually through LNG exports on Canada’s West Coast, where the country’s only export terminal is under construction.

The German chancellor is facing an energy crisis at home where European natural gas prices have hit record levels on fears that Russian supply cuts could tip the German economy into recession.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

financialpost look at this picture blackfaced trudeau is lucky that the German's eyes aren't Shooting Lasers

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 253. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Red paint thrown on Notorious BIG mural in BrooklynPolice say someone threw red paint on the mural and wrote the words 'East Coast.' Haters will hate. The King lives on. Total disrespect. WTF 🤬
Source: ABC7NY - 🏆 592. / 51 Read more »

Police: Red paint thrown on Notorious BIG mural in BrooklynPolice say someone threw red paint on the mural and wrote the words 'East Coast.' 😂😂😂 People have no respect The new Brooklyn occupants did it. It wasn't us.
Source: ABC7NY - 🏆 592. / 51 Read more »

Europe’s Energy Crisis Threatens Glass ProductionEuropean businesses as diverse as car makers, bottle manufacturers and skyscraper builders—not to mention artisanal glassblowers—are preparing for a possible glass shortage if the loss of Russian gas throttles production. Already owned by Putin. Weak. USA should stop war against Russia. Oops. Sanctions 🥶
Source: WSJ - 🏆 98. / 63 Read more »

Regulators have a weak case against FTX on deposit insuranceFTX erred in messaging its depositors were insured, but regulators will have a hard time proving the exchange did so with sinister motives. Nice one sir TobyCoinweb
Source: Cointelegraph - 🏆 562. / 51 Read more »