The Vancouver Sun reports in its Friday edition that Axpo, a Swiss utility and energy trader, said Thursday it was in talks for a 10-year supply deal with a B.C. company planning to build a liquefied natural gas terminal in Nova Scotia. A Reuters dispatch to The Sun says that the sales-and-purchase agreement would boost the chances that Pieridae Energy would decide to build the $10-billion Goldboro project, which would be the first LNG export terminal on the East Coast. Canada has yet to export major shipments of LNG to Asia from either the West Coast or across the Atlantic. "Under the term sheet with Pieridae Energy, Axpo will purchase LNG from Train 2 of the Goldboro liquefaction facility and sell it across Europe," Axpo said in a statement. Deliveries are estimated to begin in the third quarter of 2023. The Axpo deal is ready to be finalized once Pieridae secures gas supplies from Eastern Canada and the northeastern United States, hopefully within five months, said chief executive officer Alfred Sorensen. Mr. Sorensen declined to identify the size of the Axpo supply agreement. Reuters notes that Pieridae already has a 20-year agreement to sell five million tonnes annually to German utility Uniper.