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.