Goldboro LNG FID Deadline Passes, Pieridae CFO Resigns

Pieridae Energy’s Goldboro LNG project, located in Nova Scotia (with the potential to export Marcellus/Utica molecules) has been on our radar for years. Nine years to be exact. In the middle of May, the company said a final investment decision (FID) would happen no later than June 30 (see Goldboro LNG Predicts FID Coming by June 30 – Some 9 Yrs Later). We now have the answer of sorts. The project will not go forward as planned. Instead, Pieridae says it's going to rework the project to be "more compatible with the current environment." Whatever that means.

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