14:38:34 EDT Tue 09 Jun 2026
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Pengrowth Energy Corp
Symbol PGF
Shares Issued 516,137,017
Close 2013-05-31 C$ 5.29
Market Cap C$ 2,730,364,820
Recent Sedar+ Documents

Globe says Imperial, others hopeful on Goldboro LNG

2013-06-03 07:01 ET - In the News

See In the News (C-IMO) Imperial Oil Ltd

The Globe and Mail reports in its Monday, June 3, edition that unnamed sources say Goldboro LNG will soon announce a long-term supply agreement with E.ON AG. The Globe's Carrie Tait writes the deal would give Goldboro an anchor customer, making it easier to attract more business. Companies from India, for example, have been reluctant to sign agreements until infrastructure is in place. The move on Goldboro illustrates how European companies are aiming to ease their reliance on Russia's OAO Gazprom. Sources say Goldboro will send about five million tonnes of LNG a year for 20 years to E.ON. An unnamed source figures one million tonnes of LNG a year is worth about $1-billion. Goldboro says natural gas supply could come from the Marcellus formation in the northeastern United States, New Brunswick, and on and offshore Nova Scotia. The Sable offshore project, owned by Imperial Oil, Pengrowth Energy, Mosbacher Operating and others, could also benefit and is only 200 kilometres to Goldboro. Corridor Resources, a small operation with operations on the East Coast, also mentions Goldboro's export potential when trying to attract investors. The Globe notes Canada does not have an LNG export facility.

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