InvestorsHighlights

Goldboro LNG Project - Accomplishments:

  1. Acquired substantial natural gas assets in the Alberta Foothills, allowing Pieridae to provide the majority of the gas, when developed, to supply 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