LNG

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.

Tellurian Inc. closed its public offering of 10 million shares at $10.00 per share and its net proceeds amounted to $94.8 million to spend mostly on engineering and development expenses for the Driftwood LNG project in Louisiana.