MediaIn The News

  • 2018/08/14 – Financial Post - Pieridae Energy close to proceeding with $10-billion LNG project in Nova Scotia next month

    CALGARY – While much of the Canadian oilpatch is waiting for a decision on an LNG project on the West Coast, Pieridae Energy Ltd. is on track to green light its $10-billion Goldboro LNG project in Nova Scotia as soon as next month.

    “The next couple of weeks will be critical for the project,” Pieridae CEO Alfred Sorensen told the Financial Post, adding that he’s expecting a construction permit from Nova Scotia’s government and finalized agreements with contractors by the end of August.

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  • 2018/07/30 – The Field Of Dreams: Canadian LNG

    “Based on public disclosure from industry participants, we expect two Canadian liquefaction facilities - LNG Canada and Goldboro - to move past the FID stage in 2018. (...)  The expected cost of the  Goldboro facility is US$10.8B, with gas expected to be delivered via existing pipelines already in place that are under-utilized. A key advantage of the project is its location, which offers shorter shipping distances to Europe compared to projects in Qatar or the Gulf Coast.” Click here for full report

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  • 2018/01/22 – Forget B.C. — Pieridae Energy may be first big LNG exporter

    Pieridae Energy CEO Alfred Sorensen wants to build an LNG export facility in Nova Scotia that would cost more than US$7B. He may beat British Columbia to the punch. Click here to watch the interview. 

     

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  • 2017/10/26 – Goldboro LNG developer Pieridae goes public

    The name Pieridae Energy Ltd. may sound familiar to quite a few Nova Scotians, although they may not remember exactly where they’ve heard it before.

    Pieridae Energy is one of three companies that have plans to develop a liquefied natural gas export facility at the Strait of Canso. More specifically, Pieridae wants to build its operation in Goldboro, Guysborough County, and now Pieridae is in the news again.

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  • 2017/05/23 – East Coast LNG moving faster than West Coast

    For a ray of hope on the liquified natural gas file, it might be best to look east rather than west.

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  • 2017/05/17 – Pieridae seeking natural gas acquisitions: CEO

    Pieridae Energy Ltd, the company behind a proposed liquefied natural gas terminal on Canada's east coast, is looking to buy producing assets in western Canada or in the Marcellus shale play in the United States, its chief executive said on Monday.

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  • 2017/05/15 – Pieridae Energy ​merges with junior exploration company

    In a bid to raise billions of dollars on the equity markets for its Goldboro liquefied natural gas project, Pieridae Energy Ltd. is taking over a publicly-traded junior oil and gas exploration company. Read more