Pieridae Energy to Make FID on Goldboro LNG Project Next 2 Mos

Goldboro LNGWe’ve kept an eye on several LNG export projects along the Eastern shore of Canada (most of them in Nova Scotia) for some time. Why? Because they’re a huge potential market for Marcellus and Utica Shale gas. One of those projects, in Nova Scotia, is the Goldboro LNG project from Pieridae Energy. In February, the U.S. Dept. of Energy approved the plant for exporting to non-free trade agreement counties, back in February (see Goldboro LNG Project Gets Final DOE Approval – Good for Marcellus). In August, Honeywell has announced it was selected to provide the Goldboro project with automation and safety systems and serve as the integrated main automation contractor (see Signs of Life in Canadian Goldboro LNG Export Project). Pieridae officials went on the record this week saying they are still on track to make a final investment decision (FID) by the end of this year, which is just over two months away. We take that to be a very good sign…

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