Monday, August 4, 2025

Latest

Poland Also Wants Canadian LNG Exports, But Trudeau Won’t Budge

In a recent interview with CTV’s Question Period host Vassy Kapelos, Polish President Andrzej Duda expressed his country’s interest in purchasing Canadian liquefied natural gas (LNG) if it becomes available. Duda’s remarks come amidst ongoing efforts by Western nations to reduce their reliance on Russian energy sources following the invasion of Ukraine.

“If Canada is ready to supply LNG to Poland, we have got our LNG terminal … right now,” Duda said, emphasizing Poland’s existing infrastructure and plans for expansion. He highlighted that Poland already buys LNG from American and Qatari companies and would be willing to negotiate and accept Canadian gas if it could be offered at competitive prices.

Duda’s comments echo Greek Prime Minister Kyriakos Mitsotakis, who recently told Kapelos that Greece would “of course” be interested in Canadian LNG. Other nations, including Germany and Japan, have also voiced their interest in procuring Canada’s LNG exports.

However, the Canadian government has expressed reservations about subsidizing future LNG projects. In an interview last month, Natural Resources Minister Jonathan Wilkinson said that the federal government is “not interested” in providing subsidies for LNG projects, including the electrification of those currently in development.

Duda noted that he did discuss “energy issues” with Prime Minister Justin Trudeau during his recent visit to Canada, but it was unclear if the two leaders talked about LNG.

According to Natural Resources Canada, there are eight LNG projects in various stages of development, with the first export facility scheduled to commence operations next year, initially supplying Asian countries.

The debate over Canada’s potential role as an LNG exporter to Europe has intensified since Russia’s invasion of Ukraine, as Western nations seek alternative energy sources to reduce their dependence on Russian oil and gas.


Information for this story was found via CTV News, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Polish Central Bank Continues Gold-Buying Spree, Ups Holdings to 420 Tons

Poland has expanded its gold reserves to 420 tons, surpassing Britain’s holdings and positioning itself...

Monday, November 18, 2024, 03:48:00 PM

Poland Deploys Troops to Eastern Border Amid Accusations of Belarusian Airspace Violation

Poland has taken swift action by deploying troops to its eastern border following allegations that...

Wednesday, August 2, 2023, 12:50:00 PM

Canada Positioned to Fill Europe’s Natural Gas Gap as Russian Imports End

Canada is positioning itself as a key liquefied natural gas exporter as Europe’s push to...

Monday, July 7, 2025, 12:50:00 PM

The Arbitrage Opportunity of the Century: Natural Gas Shipments From the US to the EU

You know what they say, never let a good conflict go to waste! With Russia...

Sunday, August 7, 2022, 09:00:00 AM

Poland’s Central Bank Plans to Purchase 100 Tonnes of Gold

In an effort to demonstrate the country’s strength and reduce its dependence on the US...

Tuesday, March 16, 2021, 02:45:00 PM