Page 9 - GLNG Week 19 2022
P. 9
GLNG AMERICAS GLNG
Canada in talks on expediting East
Coast LNG exports
EXPORTS THE Canadian government is in talks with the This could represent a turnaround in fortunes
developers of two proposed LNG export ter- for Pieridae, which shelved plans to develop its
minals on Canada’s East Coast to see whether it Goldboro LNG project in mid-2021, citing
can help expedite those projects, it emerged last cost pressures and time constraints. The com-
week. pany had already started talking about reviving
Canadian Minister of Natural Resources Jon- Goldboro earlier this year as LNG demand and
athan Wilkinson told Reuters that Ottawa was prices rose, but had called on Ottawa to show a
in discussions with Pieridae Energy and Repsol commitment to supporting the project. While
over terminals in Nova Scotia and New Brun- the outcome of the talks with the Canadian gov-
swick respectively. ernment is not guaranteed, it does now look as
“We are looking at whether there are things though this commitment is closer to materialis-
we can do to expedite one or more of the projects ing than it had been previously.
in a manner that’s consistent with environmen- Pieridae confirmed the talks to Reuters, say-
tal considerations and a long-term transition to ing it offered a solution that would allow Can-
a lower-carbon future,” Wilkinson told the news ada to take a leadership role in supplying LNG
service. through a net-zero emissions facility that was
The discussions are being held with a view to “actionable today”.
boosting LNG supply to Europe as it scrambles to Repsol, for its part, acquired 100% owner-
phase out its imports of Russian gas in the wake ship of an LNG import facility in Saint John last
of the war in Ukraine. Indeed, Wilkinson said year. The company has not publicly commented
Ottawa was also talking to parties in Germany on its plans for Saint John LNG, but conversion
and elsewhere in Europe to bring would-be to exports looks like an increasingly attractive
importers into the discussion. option against the backdrop of current events.
Week 19 13•May•2022 www. NEWSBASE .com P9
