SUBSCRIBE
PROFILE

TotalEnergies signs agreement to purchase 2 Mtpa of LNG from Ksi Lisims LNG project in 2025

TotalEnergies has signed a 20-year contract to purchase 2 million tonnes per annum (Mtpa) of LNG from Ksi Lisims LNG, a liquefaction project located in British Columbia, Canada.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

TotalEnergies announced on May 19, 2025, the signing of a sales and purchase agreement for 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) over 20 years with Ksi Lisims LNG, a development project located on the Pacific coast of Canada. The agreement is subject to a final investment decision on the project. At the same time, TotalEnergies acquired a 5% stake in Western LNG, the company responsible for developing and operating the project. This acquisition gives TotalEnergies the option to increase its stake in Western LNG or take a direct interest in the plant of up to approximately 10% once the final investment decision is made.

A strategic project on the Pacific coast

The Ksi Lisims LNG project involves the construction of a liquefaction facility with a capacity of 12 Mtpa. Located in British Columbia, the project benefits from a favourable geographic position to serve Asian markets, currently the most important globally for LNG trade. This is a key factor in TotalEnergies’ strategy to strengthen its presence in the Asia-Pacific region.

The facility will be fully powered by hydroelectricity, which would make it one of the lowest carbon dioxide (CO2)-emitting LNG projects in the world, according to project developers. Although environmental impact is not central to the commercial agreement, this technical feature could attract buyers seeking to reduce emissions in their energy supply chains.

A diversification lever for TotalEnergies

Stéphane Michel, President of the Gas, Renewables & Power division at TotalEnergies, stated that the agreement would allow the company to further diversify its portfolio in North America while meeting the needs of its Asian clients. The group is currently developing a significant portfolio of long-term supply contracts in the region.

TotalEnergies’ involvement in Western LNG also reflects its strategy of vertical integration within the LNG sector. This transaction strengthens its presence in the upstream development of projects and ensures greater control over the supply chain, from production to final delivery. No additional details have been provided regarding the exact timeline for the final investment decision on the project.

  • Popular on energynews.pro
ExxonMobil freezes Baytown, major blow to US blue hydrogen sector
South Korea under pressure from the IEA to liberalise its electricity market
Iberdrola launches a public offer to acquire 100% of Neoenergia in Brazil
KEPCO and ENEC strengthen alliance on nuclear and artificial intelligence
Iberdrola sells 757 MW of French onshore assets to Technique Solaire
Iraq launches joint investigation after drone attack on strategic Khor Mor gas site
The Iraqi government and Kurdish authorities have launched an investigation into the drone attack targeting the Khor Mor gas field, which halted production and caused widespread electricity outages.
PetroChina invests $5.43bn to integrate 11 Gm³ of strategic gas storage with PipeChina
PetroChina internalises three major gas storage sites through two joint ventures with PipeChina, representing 11 Gm³ of capacity, in a CNY40.02bn ($5.43bn) deal consolidating control over its domestic gas network.
European companies exposed to a wave of litigation over Russian LNG contracts
The European Union is facilitating the use of force majeure to exit Russian gas contracts by 2028, a risky strategy for companies still bound by strict legal clauses.
Funds shift from natural gas to EU carbon allowances
Amid an expected LNG surplus from 2026, investors are reallocating positions toward the EU carbon market, betting on tighter supply and a bullish price trajectory.
Axiom maintains $110mn lawsuit against Tidewater over Canadian asset dispute
Axiom Oil and Gas is suing Tidewater Midstream for $110mn over a gas handling dispute tied to a property for sale in the Brazeau region, with bids due this week.
Tokyo Gas commits to importing 1 MTPA of US LNG over 20 years
Tokyo Gas has signed a 20-year agreement with US-based Venture Global to purchase one million tonnes per year of liquefied natural gas starting in 2030, reinforcing energy flows between Japan and the United States.
Venture Global accuses Shell of commercial sabotage amid gas supply dispute
Venture Global accuses Shell of deliberately harming its operations over three years amid a conflict over spot market liquefied natural gas sales outside long-term contracts.
TotalEnergies withdraws floating terminal from Le Havre after fifteen months of inactivity
TotalEnergies ends operations of its Le Havre floating LNG terminal, installed after the 2022 energy crisis, due to its complete inactivity since August 2024.
Golar LNG refinances FLNG Gimi with $1.2bn seven-year bank loan
Golar LNG has completed a $1.2bn refinancing for its floating LNG unit Gimi, securing extended financing terms and releasing net liquidity to strengthen its position in the liquefied natural gas market.
Woodside and East Timor target LNG production from Sunrise by 2032
Woodside Energy and East Timor have reached an agreement to assess the commercial viability of a 5 million-tonne liquefied natural gas project from the Greater Sunrise field, with first exports targeted between 2032 and 2035.
Solar output overtakes natural gas in California during peak daytime hours
In California, electricity production from natural gas is falling as solar continues to rise, especially between noon and 5 p.m., according to 2025 data from local grid authorities.
NextDecade initiates FERC process for Train 6 at Rio Grande LNG
NextDecade has launched the pre-filing procedure to expand Rio Grande LNG with a sixth train, leveraging a political and commercial context favourable to US liquefied natural gas exports.
Condor boosts output to 11,844 barrels/day through strategic investment in Uzbekistan
Condor Energies has completed drilling its first horizontal well in Uzbekistan, supported by two recompletions that increased daily production to 11,844 barrels of oil equivalent.
WhiteWater increases Eiger Express pipeline capacity to 3.7 Bcf/d
WhiteWater expands the Eiger Express pipeline in Texas, boosting its transport capacity to 3.7 billion cubic feet per day following new long-term contractual commitments.
New York and the New Jersey face a legal battle over the NESE gas pipeline
The challenge to permits granted for the NESE project revives tensions between gas supply imperatives and regulatory consistency, as legal risks mount for regulators and developers.
Brazil reforms the LPG market and reignites battle between Petrobras and the Big 4
Brasilia is preparing a regulatory overhaul of the LPG sector to break down entry barriers in a market dominated by Petrobras and four major distributors, as the Gás do Povo social programme intensifies pressure on prices.
ExxonMobil restarts Rovuma LNG in Mozambique targeting investment decision by 2026
The lifting of force majeure on the Rovuma LNG project puts Mozambique back on the global liquefied natural gas map, with a targeted capacity of 18 Mt/year and a narrowing strategic window to secure financing.
BW Energy discovers liquid hydrocarbons at Kudu and revises development plan
BW Energy has identified liquid hydrocarbons at the Kudu gas field in Namibia, altering the nature of the project initially designed for electricity production from dry gas.
U.S. associated gas output rises 6% on Permian crude surge
Rising oil production in 2024 boosted associated natural gas to 18.5 billion cubic feet per day, driven by increased activity in the Permian region.
Algeria signs gas deal with TotalEnergies to secure exports to Europe
Sonatrach has concluded a new partnership with TotalEnergies, including a liquefied natural gas supply contract through 2025, amid a strategic shift in energy flows towards Europe.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.