Pieridae Energy Ltd.
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About
Founded in 2011, Pieridae, a majority Canadian owned corporation based in Calgary, Alberta, is focused on the development of integrated energy-related activities, from the exploration and extraction of natural gas to the development, construction and operation of the Goldboro LNG facility and the production of LNG for sale to Europe and other markets. Pieridae is on the leading edge of the re-integration of the LNG value chain in North America. Pieridae’s common shares trade on the TSX Venture Exchange under the symbol PEA.
Editor's note: Updated July 3, 2019.
Transactions
Pieridae Energy To Buy Shell Canada Foothills Assets
Pieridae Energy To Buy Shell Canada Foothills Assets
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News
Canada in Talks to Accelerate Construction of LNG Export Terminals
Ottawa has held talks with European countries about ways to boost energy exports to the continent. However, Canada does not have any East Coast LNG facilities and only one under construction on its west coast.
KBR No Longer Interested in Goldboro LNG Facility Contract
Pieridae Energy Ltd. has received written notice on July 13 from Kellogg Brown & Root Ltd. (KBR) that KBR is no longer prepared to negotiate and conclude a lump-sum turnkey engineering, procurement, construction and commissioning (EPCC) contract in relation to the proposed Goldboro LNG Facility.
Canadian E.Coast LNG Export Plans Progress With Pieridae's Shell Deal
The Canadian LNG industry has been slower than its U.S. counterpart to take advantage of soaring gas demand around the world and build export plants, in part due to securing feedstock supplies for the terminals.