Latest News and HighlightsTALKING CANADIAN LNG DEVELOPMENT WITH FEDERAL NATURAL RESOURCES MINISTER

2020/01/28

Pieridae CEO Alfred Sorensen sits down with Hon. Seamus O’Regan

Canada's burgeoning LNG industry was the central topic as our CEO sat down with NRCAN Minister Seamus O’Regan in Ottawa yesterday to talk about Pieridae’s US$ 10 billion Goldboro LNG Project. Goldboro would ship sustainably produced Canadian natural gas to the world from our country’s east coast.

“We stressed to Minister O’Regan that Goldboro will help the Government of Canada meet three key goals: support reconciliation as we look to partner with First Nations, address global GHG emissions by using cleaner-burning LNG to replace coal, and get our resources to market along with creating good-paying middle-class jobs,” said Pieridae CEO Alfred Sorensen.

Pieridae has a signed benefits agreement with the Nova Scotia Mi’kmaq, a 20-year contract with Germany’s largest utility Uniper to buy half Goldboro’s LNG, and the project would invest billions across the country.

Sorensen added he was very appreciative of the Minister taking the time to listen and understand the positive impacts Goldboro LNG would have on Canada and abroad.

“We know governments are in solution mode, looking for projects that balance our country’s environmental responsibilities while getting Canadian resources to market. Pieridae has a made-in-Canada solution with Goldboro LNG,” concluded Sorensen.