Thank you, Mr. Sorbara.
Let me start by saying that Europe is very focused essentially on moving away from Russian oil and gas. They've set a target that, by the end of this year, they will have found ways to move away from oil. Ideally, Germany has said that by the end of 2024, or thereabouts, they will be off Russian gas. Of course, they've made progress along the way.
Canada is certainly working with Germany and the European Union to be a part of helping them to do that, part of which is the expansion of oil and gas production that we are working on right now with the sector. We are on track with respect to the additional 300,000 barrels a day, which will help with increasing supply around the world.
As you know, we also have two LNG facilities in western Canada, one that is under construction and one that has been approved. Apparently construction will start next year, which will provide additional supplies into the market, which again will help with respect to displacing Russian gas.
We're looking at a number of potential sites in eastern Canada that could meet the window. Let's be clear: It has to be something that can be done within the next three or four years, or it will be outside the window of what will help Europe this way.
We're also working with Europe on other transitional elements of it, which is hydrogen. There is enormous work going on in Newfoundland and Labrador, for example, on hydrogen that will be used to displace gas and eventually will displace gas entirely as they work towards the 2045 net-zero commitment that Germany has.
Canada is intimately engaged. As you know, the German Chancellor is visiting us later this month, and the head of the European Union is coming a month after that to have exactly these conversations.