LNG

May 8 (LNGJ) - Nova Scotia LNG export plant developer Pieridae Energy said it signed an accord to negotiate a binding liquefied natural gas sale and purchase agreement (SPA) to supply cargoes to Europe from the second liquefaction Train at its proposed Goldboro liquefaction facility in the Canadian Atlantic Coast province. The Pieridae-led Nova Scotia project previously signed a supply agreement with German utility Uniper. Under the preliminary accord with another potential buyer, Pieridae said it involved up to 1 million tonnes per annum for 10 years starting in 2023. “After having contracted the entire output from Train 1 with Uniper, this agreement moves Pieridae another step closer to the final investment decision on Train 2, which would bring much-needed jobs and other economic benefits to Nova Scotia and Canada,” said Alfred Sorensen Chief Executive of Pieridae.