“In terms of CO2 footprint and proximity to European markets Canadian east coast projects are very well placed,” one of the sources said.
The second source said that Canadians were eager to develop new fields given high shale gas prices and recognised Germany's reputation as being environmentally friendly.
Germany consumes around 100 billion cubic metres (bcm) of natural gas annually with around 55% of that coming from Russia and smaller volumes piped from Netherlands and Norway.
Spanish oil major Repsol's regasification plant on Canada's east coast, through which it imports into the US, could potentially have a liquefaction capacity installed to export directly into Northwest Europe, an industry source said.
The office of Canadian Prime Minister Justin Trudeau was not immediately available for comment.
Repsol told Reuters it is continuously exploring options to maximise the value of the terminal, with a particular focus on new lower-carbon opportunities to help meet market demand.
“The company will look at any/all business that enhances or creates value at Saint John LNG, including the potential to add liquefaction capabilities to the existing facility,” it added.