Canadian energy company Pieridae reaches a deal with German utility E.ON (EONGY.PK) to export...

|About: E.ON SE ADR (EONGY)|By:, SA News Editor

Canadian energy company Pieridae reaches a deal with German utility E.ON (EONGY.PK) to export ~5M tons/year of liquefied natural gas from a proposed plant in Nova Scotia. It's the first contract for a Canadian LNG export plant with a top European end-user of gas, something that has so far eluded several proposed plants envisioned for Canada's Pacific coast which are geared toward Asian markets.