Pieridae Energy Signs Agreement with E.ON to Supply LNG to Western Europe

Pieridae Energy (Canada) Ltd. (Pieridae) announced today that it has entered into a 20-year sales agreement with E.ON Global Commodities SE, a subsidiary of E.ON SE, for the purchase of 5 million tons of LNG per year from Pieridae’s proposed Goldboro LNG project in Nova Scotia, Canada to several locations in Western Europe. Commercial operation for the Goldboro terminal is expected by the first quarter of 2020.

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