European Parliament President Roberta Metsola says there is a market in Europe for Canadian oil and gas, and signalled European Union (EU) nations may be willing to pay a higher price for Canadian conventional energy, as member states work to divest further from Russian energy.
In an interview on CTV Question Period that aired Sunday, when asked directly by host Vassy Kapelos whether there is, in her view, a customer in Europe for Canada’s conventional energy exports, Metsola said: “yes.”
[…]
Metsola was in Ottawa last week for a meeting of the G7 countries’ speakers.
She added that while the EU has “doubled down” on its climate goals and plans for renewable energy, “that’s not enough.”
“And where do we go? Where do we look? We have to look across the Atlantic, and the discussions are absolutely in that direction,” she said.
The federal government, meanwhile, has signalled it will start announcing approved so-called nation-building projects in the coming weeks. In June, Parliament passed Bill C-5 — dubbed the Building Canada Act by the Liberals — aimed at giving government sweeping new powers to approve major projects of national interest.
When asked whether Europe is prepared to potentially absorb a higher cost of importing oil and gas in exchange for those products coming from a trusted partner, such as Canada, Metsola told Kapelos those discussions are happening “right now.”
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European Parliament President Roberta Metsola says there is a market in Europe for Canadian oil and gas, and signalled European Union (EU) nations may be willing to pay a higher price for Canadian conventional energy, as member states work to divest further from Russian energy.
In an interview on CTV Question Period that aired Sunday, when asked directly by host Vassy Kapelos whether there is, in her view, a customer in Europe for Canada’s conventional energy exports, Metsola said: “yes.”
[…]
Metsola was in Ottawa last week for a meeting of the G7 countries’ speakers.
She added that while the EU has “doubled down” on its climate goals and plans for renewable energy, “that’s not enough.”
“And where do we go? Where do we look? We have to look across the Atlantic, and the discussions are absolutely in that direction,” she said.
The federal government, meanwhile, has signalled it will start announcing approved so-called nation-building projects in the coming weeks. In June, Parliament passed Bill C-5 — dubbed the Building Canada Act by the Liberals — aimed at giving government sweeping new powers to approve major projects of national interest.
When asked whether Europe is prepared to potentially absorb a higher cost of importing oil and gas in exchange for those products coming from a trusted partner, such as Canada, Metsola told Kapelos those discussions are happening “right now.”
!ping Can&Commodities