Ksi Lisims LNG’s third international supply agreement this year is the latest evidence that the world wants more Canadian energy. On September 14, the project announced a new agreement with one of Australia’s leading natural gas suppliers for 1 million tonnes per annum over two decades.
Coming on the heels of two earlier agreements in 2026 with German firms, it adds to the growing evidence that international buyers are serious about securing long-term access to Canadian natural gas.
Nations worldwide are looking to diversify their supply chains and strengthen long-term energy security, and Canada is increasingly seen as the stable, dependable supplier they can rely on. This demand is not coming from one corner of the globe, either. Europe wants Canadian LNG, Asia wants it, and recent reporting suggests interest is even emerging from Middle Eastern companies looking for alternative supply options.
As federal Energy Minister Tim Hodgson said, “Canada has what the world wants,” adding that Ksi Lisims LNG’s third international deal “shows that it is our moment – if we choose to seize it.” [1]
“Amidst energy market disruptions, international demand for reliable energy only continues to grow, and projects like this… demonstrate how Canada can be a leading energy superpower for years to come.” [1]
He is right, and any Canadian who wants to make our country stronger should pay attention.
Canada has spent years talking about diversifying trade and reducing its overwhelming dependence on the United States market. Deals like the one between Ksi Lisims LNG and Australia show what real progress in that direction looks like.
According to the federal government, such new LNG supply agreements could help move Canada from less than 0.01 per cent of its natural gas exports going to non-U.S. markets in 2024 to an estimated 55 per cent by the early- to mid-2030s [1].
This would represent a remarkable shift for the country – one that means more customers for Canadian resources, greater economic sovereignty, and a more resilient economy overall.
Canadian LNG is a force for good. pic.twitter.com/hHSbG6QnGL
— LNG Action (@LNGAction) September 17, 2026
Export diversification is not only about reaching more customers. It is also about capturing better value for the resources Canadians already produce in abundance.
Canadian natural gas currently trades at a steep discount primarily because of abundant domestic supply, ongoing pipeline bottlenecks, and a lack of global market diversification. This discount of around ~$2 per gigajoule (GJ) has amounted to nearly $21 billion in lost natural gas revenues year-to-date [2], meaning fewer economic opportunities for Canadian families and less in royalties and taxes for Canadian governments.
Tens of billions of dollars lost to our economy underscores why access to world markets matters for Canada. Much like the Trans Mountain pipeline expansion has done for Canadian crude oil, LNG exports can help unlock better prices for Canadian natural gas.
The more diversified access our producers have to high-demand global markets abroad, the greater the price of what Canada can sell its energy resources for – and the greater the economic return here at home.
The latest Ksi Lisims LNG supply deal also reinforces what numerous countries worldwide have been saying for years: they want or would support Canadian LNG, if it were made available. That growing list includes Japan, South Korea, Germany, Poland, Greece, India, Taiwan, China, Ukraine, Latvia, South Africa, the Philippines, and the EU.
Davis Thames, CEO of a major project partner for Ksi Lisims LNG, said the new Australian agreement reflects “a clear view that supply diversity is essential to long-term energy security” and that it is “a strong signal of confidence in our project as we move into the final stages of commercialization and toward a final investment decision.” [1]
That is what makes this latest agreement so important: it is another sign that global buyers see Canada as a reliable long-term partner.
We’re the energy security supplier the world needs.
Global demand for natural gas continues to grow and many countries are asking for more Canadian energy.
— Canada Action (@CanadaAction) September 17, 2026
This would be a big positive —> “LNG Canada could approve Phase 2 expansion by early October”https://t.co/lspIcGW9Um
Seeing Ksi Lisims LNG reach a positive final investment decision (FID) by year-end would bring about immense economic benefits for Canadian and Indigenous communities, particularly in remote locations across northern BC.
The $30 billion project [1] is set to generate tens of billions of dollars in economic activity, support tens of thousands of jobs, and create new opportunities for the Indigenous proponents and communities along its route.
For Canadians, it means more jobs and contracts for local businesses, higher labour income, stronger public revenues, and long-term export opportunities. For Indigenous communities, it means partnerships and ownership opportunities, and recurring own-source revenue streams that can help support community priorities and economic development for decades to come.
As the First Nations Natural Gas Alliance has said for years: “Canadian LNG is Indigenous LNG,” with projects providing once-in-a-generation opportunities to usher in economic reconciliation with many Indigenous communities.
Global LNG demand is rising sharply. Shell’s latest LNG Outlook projects that worldwide consumption will increase by around 65 per cent by 2050, reaching nearly 700 mtpa, with Asia to account for the lion’s share of that growth.
With abundant natural gas resources, short shipping times to Asian markets, and growing commercial interest from abroad, Canada has a path to become one of the world’s leading LNG exporters. The potential is clear, but capturing it will require continued support for LNG development across the board.
With LNG demand set to grow significantly over the coming decades, Canada should position itself now to play a much larger role.
Canada has the resource base, the geography, and the trust to become a much larger global LNG supplier.
Ksi Lisims LNG’s latest deal is further proof that Canadian natural gas is in high demand, that our trading partners want what we produce, and that building the infrastructure needed to reach global markets can deliver major benefits for workers, communities, and governments across the country.
With upcoming final investment decisions for both Ksi Lisims LNG and LNG Canada Phase 2 later this year, we’re confident that Canada is on the verge of becoming one of the world’s leading LNG exporters – creating tangible benefits for our families here at home in the process.
The opportunity is real. The demand is there. Canada’s moment to lead is now.
Building Canadian LNG projects makes Canada stronger. How can anyone be against that?
The world wants more Canadian energy. pic.twitter.com/np4k4VWH1S
— Canada Action (@CanadaAction) September 21, 2026
SOURCES
1 - https://www.canada.ca/en/natural-resources-canada/news/2026/09/canadian-lng-project-signs-third-international-offtake-deal.html
2 - https://frontiercentre.org/the-cost-of-discount-oil-and-gas/
3 - https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2024/market-snapshot-exploring-canadas-future-in-lng-exports.html?=undefined&wbdisable=true
4 - https://www.shell.com/what-we-do/oil-and-natural-gas/liquefied-natural-gas-lng/lng-outlook-2026.html