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Pieridae Energy’s Goldboro LNG Project Approved

CBC News reports that the Nova Scotia Utility and Review Board has approved the construction of Pieridae Energy’s proposed Goldboro LNG liquefaction and export terminal in Guysborough County. Pieridae Energy has already received environmental approval for the project and a final investment decision on the project is expected by June, according to Mark Brown, vice-president of business...

Tokyo Gas Signs HOA for LNG Canada Purchases

Platts reports that Tokyo Gas Tuesday has signed a heads of agreement (HOA) with Diamond Gas International, the trading arm of Mitsubishi Corporation, to purchase LNG from the proposed LNG Canada project in British Columbia. According to the report, the HOA provides that Tokyo Gas will purchase up to 0.6 million metric tonnes/year from LNG Canada for a period of 13 years, from April...

TransCanada to Construct Pipeline to Feed LNG Canada Facility

TransCanada Corporation announced today that it will proceed with construction of the Coastal GasLink pipeline project to serve LNG Canada’s proposed liquefaction and LNG export facility in Kitimat, British Columbia (B.C.). Today, LNG Canada announced a positive final investment decision to move forward with the project.  According to the press release, “Coastal GasLink is a...

LNG Canada Announces a Positive Final Investment Decision

LNG Canada today announced that its joint venture participants – Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS – have taken a Final Investment Decision (FID) to build the LNG Canada liquefaction and LNG export facility in Kitimat, British Columbia. According to the press release, “[e]ach joint venture participant will be responsible to provide its own natural gas supply...

Pieridae Energy to Acquire Access to Alberta Gas Reserves

Pieridae Energy Limited (Pieridae), sponsor of the proposed Goldboro LNG project in Nova Scotia, and Ikkuma Resources Corp. (Ikkuma) have announced that they have entered into a definitive agreement providing for the acquisition by Pieridae of all of the issued and outstanding shares of Ikkuma, which “will provide Pieridae with ownership of an extensive area of producing and gas-prone...

Pieridae Energy in Talks to Sell Goldboro LNG Supplies to Swiss Utility

Reuters reports that Pieridae Energy, sponsor of the proposed Goldboro LNG terminal in Nova Scotia, is negotiating with Swiss energy company Axpo for a 10-year LNG supply deal. Axpo would buy the LNG from Goldboro’s second train for sales across Europe, with deliveries estimated to begin in the third quarter of...

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