Canada Moves Toward Energy Superpower Goal With German LNG Deal

OTTAWA—Canada unveiled a deal to sell liquefied natural gas to Germany, marking a significant step in Prime Minister Mark Carney’s effort to capitalize on its oil-and-gas reserves and position the country as an energy superpower.

Canadian Energy Minister Tim Hodgson said Wednesday that Germany’s state-owned utility, SEFE, has agreed to purchase one million metric tons a year of LNG for up to 20 years, with shipments starting early in the 2030s. SEFE said the agreement, once concluded, would mark Germany’s first partnership with a Canadian LNG supplier.