Pieridae Energy Ltd T.PEA

Ottawa seeking private-sector solution for export

[40YardLine]

Natural Resources Minister Jonathan Wilkinson says two private-sector proposals to export liquefied natural gas from Canada’s East Coast to European countries struggling to reduce their reliance on Russian fuel will need to move forward without federal financing.

Mr. Wilkinson said in an interview that Ottawa is aiding in discussions between Canadian energy companies and prospective German buyers of LNG. But he added that the two energy proposals will have to stand on their own merits and go through Canadian regulatory reviews to ensure they meet this country’s climate goals.
Ottawa seeking private-sector solution for export of East Coast LNG to Europe - The Globe and Mail

[Ikeros]

Here is the full story. Looks very promising to me.  https://financenews.upexampaper.com/ottawa-seeking-private-sector-solution-for-export-of-east-coast-lng-to-europe-more-finance-news/

[commonsense9]

“Our view is the private sector should be putting up the money for these projects, and it should be done on a commercial basis,” Mr. Wilkinson said. Pretty words. But he just means no investment money from the Feds. It is German taxpayers that will be taking all the financial risks in loan guarantees. I suppose you can call that "private sector"- it sure as hell is not going to

[Maxmoe]

So as usual, Trudeau on his last trip to Europe was talking out his fancy French "cul" while smiling about helping europe and Ukraine.

[Maxmoe]

Remember when a cdn flag was a badge of honour and pride on your knapsack while traveling ?