Pieridae’s Goldboro LNG Cancels Plan to Use Western Canada NatGas
For over 10 years, MDN has tracked a Canadian LNG export project in Nova Scotia planned by Pieridae Energy. The project is called Goldboro LNG. In May 2021, the company said a final investment decision (FID) would happen no later than June 30, 2021. It never happened. One year ago, we told you of Pieridae's plan to resuscitate the project and move it forward (see Pieridae Outlines Plan to Resuscitate Nova Scotia Goldboro LNG). Again, nothing has happened in the past year. No pulse. Now comes word that Pieridae is revising the project from a 10 MTPA (million tonnes per annum) facility down to three MTPA. The company is also changing the source of the molecules it will liquefy and export--now coming from a source you would never guess.
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