Goldboro LNG Project - Accomplishments:

  1. Acquired substantial natural gas assets in the Alberta Foothills, allowing Pieridae to provide the gas supply needed for Goldboro’s first train
  2. Received all major regulatory, environmental, import/export and construction permits for Goldboro
  3. Signed a 20-year agreement with German utility giant Uniper for the full capacity of Goldboro’s first Train and half of the total project - 10% of Germany's total consumption
  4. Confirmed the German Government’s support of the project, declaring it eligible in principle for up to US$4.5 billion in loan guarantees, including US$1.5 billion for upstream development 
  5. Continue to negotiate arrangements to use existing pipelines to transport the natural gas from Western Canada to the Goldboro facility’s front door
  6. Signed a benefits agreement with the Assembly of Nova Scotia Mi’kmaq Chiefs, allowing the Mi’kmaq to benefit economically from the development, construction and operation of Goldboro
  7. Reached a project labour agreement with major Nova Scotia trade unions to ensure fair employment opportunities in that province during Goldboro’s construction

For more information please refer to: Pieridae Energy - Corporate Presentation - 2019