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Bullboard - Stock Discussion Forum Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream operator with core assets concentrated in the foothills of the Rocky Mountains. Its business is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids and sulfur. The Company processes these commodities by using... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > OTTAWA SAYS NO TO PIERIDAE LNG?
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Post by noname100 on Jun 30, 2022 8:50pm

OTTAWA SAYS NO TO PIERIDAE LNG?

From Reuters/BOE Report

"Canada’s East Coast has only enough natural gas supply to accommodate one new liquefied natural gas (LNG) export facility, and the project that would boost shipments to Europe the fastest is Repsol’s, Canada’s environment minister told Reuters....The amount of gas that is available would be available only for one facility at this point,” Environment Minister Steven Guilbeault said in an interview late on Wednesday, adding that the idea of constructing new gas pipelines in Canada was not “very realistic"
Comment by navajojoe on Jul 01, 2022 8:21am
This post has been removed in accordance with Community Policy
Comment by Maxmoe on Jul 05, 2022 4:31am
As a very recent shareholder I also feel bad for anyone who believed an LNG plant could be built anywhere in Canada. Never mind the east coast, thousands of kms from big gas fields. I feel sorry for anyone who believes any pipeline expansion necessary for an LNG plant will ever get built anywhere in Canada. No, we are doomed to be price takers selling our natural resources of every kind to our ...more  
Comment by navajojoe on Jul 05, 2022 3:06pm
This post has been removed in accordance with Community Policy
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