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market-exists-in-europe-for-canadian-oil-and-gas,-european-parliament-chief-says
Market Exists in Europe for Canadian Oil and Gas, European Parliament Chief Says

Market Exists in Europe for Canadian Oil and Gas, European Parliament Chief Says

Last updated: September 9, 2025 5:47 pm
By Jennifer Cowan
1 Min Read
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Market Exists in Europe for Canadian Oil and Gas, European Parliament Chief Says

An oilsands upgrader plant in Fort McMurray Alta., in a file photo. The Canadian Press/Jason Franson

European Parliament President Roberta Metsola says there is a demand in Europe for Canadian oil and gas, and indicated European Union (EU) countries might be prepared to pay a premium for Canadian conventional energy, as they strive to reduce their reliance on Russia’s resources.

Russia’s invasion of Ukraine left the EU reliant on “a very unreliable partner for gas and oil,” Metsola said during a recent interview on CTV Question Period, and that means the EU is now looking for more reliable partnerships.

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