LNG

Pieridae Energy, the Canadian LNG plant developer with plans to export cargoes to Germany, has engaged leading energy engineer Bechtel to replace another US firm KBR and to review its export project in Nova Scotia and come up with a construction price.

Pieridae Energy, the developer of the German-backed Goldboro LNG project in the Canadian Atlantic province of Nova Scotia, signed a purchase and sales agreement with Shell Canada Energy to acquire all of Shell’s midstream and upstream assets in the southern foothills of Alberta province to boost its LNG feed-gas reserves.

Pieridae Energy, developer of the German-backed Goldboro LNG project in the Canadian Atlantic province of Nova Scotia, has had its shares suspended on the Toronto stock market pending a material announcement.

KBR, the US energy and LNG engineering company, said it was awarded a contract by Toronto-listed Pieridae Energy for a two-Train export facility at Goldboro in the Canadian Atlantic Coast province of Nova Scotia as the German-backed venture moves closer to its final investment decision.

Pieridae Energy, developer of the German-backed Goldboro LNG export project in the Canadian province of Nova Scotia, has entered into agreements for a private placement of shares with a group of banks and brokers and two other transactions to raise some funding.

Pieridae Energy, the Canadian exploration and production company and developer of the Goldboro LNG export project in Nova Scotia with German-backed funding and sales accords, reported a net loss in its latest earnings as it awaited the completion of an acquisition.

The Goldboro LNG export plant in the Atlantic Coast Canadian province of Nova Scotia, with plans to ship cargoes to Europe, has been given the final go-ahead by the Nova Scotia Utility and Review Board after previously receiving its environmental approval.

Sept 17 (LNGJ) - Pieridae Energy of Canada, developer of the Goldboro LNG export project in the Atlantic coast province of Nova Scotia to supply German customers, has named Melanie Litoski as its Chief Financial Officer from the start of October. Litoski succeeds Mario Racicot who has just retired from the post. Alfred Sorensen, Chief Executive of Pieridae and who is himself a chartered accountant, said he would assume the responsibilities of the CFO during the interim period until September 30. “We are pleased to welcome Melanie to our leadership team. She has extensive financial, operational and strategic experience which will be instrumental in advancing the upcoming phases of our projects,” said Sorensen.

Pieridae Energy, the developer of the Goldboro LNG export project in the Canadian Atlantic Coast province of Nova Scotia, has posted widening second-quarter losses as it progresses with the venture that includes selling cargoes to German utility Uniper.

Pieridae Energy, the Canadian company developing the Goldboro LNG project in the Canadian Atlantic Coast province of Nova Scotia, has announced management and board changes as it advances with its plans for exports to Europe.