Pieridae Production LP (“PPLP”), together with third party producers and partners, is currently in discussions with several Canadian and US LNG suppliers. Supply specifics vary but include available supply for 100-300mmcf/d for 20 years. In certain circumstances, PPLP will look at supplies at 10 years and 15 years.
PPLP seeks to contract for a variety of pricing mechanisms, including the NBP index and Nymex-related pricing.
PPLP will be looking to work with US pipelines currently in progress and the Maritimes Northeast Pipeline. All possible contract arrangements for supply in Canada and the US, partnerships and joint venture ideas will be reviewed.
For further information on Pieridae Production LP production contact Mark Brown.