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Pieridae is Canada’s only independent, publicly-traded LNG company, focused on developing the US$10 billion Goldboro LNG Project and export facility off Canada’s East Coast, supplied with Canadian natural gas that the company owns. Many key elements are in place: the majority of key permits, a 20-year contract with German energy company Uniper Global Commodities to buy half of Goldboro’s gas, confirmation of eligibility in principle of an untied loan guarantee of up to US$4.5 billion from the German federal government, and a signed benefits with Nova Scotia Mi’kmaq bands.

Goldboro is shovel-ready, having the low-cost reserves to supply the LNG export facility; a low cost of capital to build the plant and develop the upstream assets; convenient access to international markets with some of the lowest transit times; and strong community, labour and First Nations support.

The Goldboro Project will create thousands of Canadian jobs; support new roads, schools and hospitals through taxes and royalties; and create stable world markets for Canadian natural gas for decades to come.