LNG

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.

May 24 (LNGJ) - The US remains a net energy importer from Canada and latest data from the US Energy Information Administration showed that while energy accounted for $18 billion of the value of US exports to Canada, oil and gas accounted for $73Bln of the value of all US imports from its northern neighbour in 2017. Bilateral natural gas trade between Canada and the US is dominated by pipeline shipments. “Natural gas imports from Canada increased to 8.1 billion cubic feet per day in 2017, accounting for 97 percent of all US natural gas imports,” said the EIA report. “Most of Canada’s natural gas exports to the US originate in Western Canada and are shipped to US West and Midwest markets,” it added. “US natural gas exports to Canada, which increased to 2.5 Bcf/d in 2017, mainly go from New York state into the eastern provinces,” it added. Canadian LNG export projects in Nova Scotia have previously discussed using pipeline volumes from the US Marcellus shale basin.