Agreement opens the door to exploring long-term supplies of low-carbon Canadian LNG to European markets

NITASKINAN, QC, Sept. 11, 2026 /CNW/ -- Kino Aski LNG and Naftogaz Group announce the signing of a Memorandum of Understanding (MoU) to explore potential cooperation on the long-term supply of low-carbon Canadian liquefied natural gas (LNG) to European markets.

The agreement establishes a framework for the two organizations to assess potential supplies of Canadian LNG to Naftogaz Group from the proposed Kino Aski LNG Terminal. The parties will explore potential European market demand, supply volumes and options for delivering LNG to Europe.

This represents an important step in assessing the commercial potential of Kino Aski LNG and its potential contribution to the diversification and security of Europe's energy supply.

"This agreement demonstrates the potential interest in Canadian LNG among European partners seeking reliable and diversified sources of energy. For First Nations, it would also represent an opportunity to play a leading role in developing new economic and energy relationships between Canada and Europe."

-  Constant Awashish, Kino Aski Inc.

"We are expanding our network of international partners to create more opportunities to purchase gas on competitive terms. Cooperation with Kino Aski LNG will allow us to assess the possibility of adding Canadian LNG to our supply portfolio. For Naftogaz, it is important to have a choice of different supply sources and routes so that we can respond flexibly to Ukraine's needs."

-  Sergii Fedorenko, Naftogaz Group's Acting CEO

A First Nations-Led Project

Kino Aski LNG is being developed under First Nations leadership and aims to create long-term economic benefits for participating communities in Quebec and Ontario, while advancing an approach based on respect for Indigenous territories, environmental protection and collaboration with affected communities.

The Atikamekw Nation is acting as a catalyst to enable First Nations across Eastern Canada to assess the economic opportunities associated with an international-scale energy development.

"First Nations must be able to participate fully in major developments that affect their territories and benefit directly from the economic opportunities they create. Our responsibility is to assess Kino Aski LNG rigorously, in accordance with our values and with respect for the land and the environment."

-  Constant Awashish, Kino Aski Inc.

Strengthening European Energy Security

At a time of geopolitical uncertainty and transformation in global energy markets, Europe is seeking to diversify its energy sources and supply routes.

Under the Memorandum of Understanding, Kino Aski LNG and Naftogaz Group will work together to assess the potential for low-carbon Canadian LNG in the European market and its contribution to the continent's energy security and energy transition.

A Project Still Under Evaluation

Kino Aski LNG is currently in the technical study phase and its development has not yet been confirmed. No final pipeline route has been selected and no formal regulatory process has been initiated.

Technical studies, environmental assessments and consultations with affected First Nations will guide the next steps. Kino Aski LNG will continue to assess the development's feasibility in alignment with Indigenous values and with respect for the land and the environment.

SOURCE Kino Aski LNG