Goldboro

After Missing FID Deadline for Goldboro LNG, Pieridae Reviewing ‘Strategic Alternatives’

After Missing FID Deadline for Goldboro LNG, Pieridae Reviewing ‘Strategic Alternatives’

The developer of the proposed Goldboro liquefied natural gas (LNG) project on Canada’s east coast has announced an evaluation of “strategic alternatives” for the $10 billion development after it missed a deadline to sanction the project June 30. “We have not been able to meet all of the key conditions necessary to make a final…

July 2, 2021
Goldboro LNG Secures Road Access, but Numerous Obstacles Remain

Goldboro LNG Secures Road Access, but Numerous Obstacles Remain

Nine years after announcing tanker shipments would start in 2018, the $10 billion plan for liquefied natural gas (LNG) exports from Canada’s Atlantic coast has secured road access to its terminal site but has not begun construction. Nova Scotia Environment Minister Keith Irving granted the road permit for Goldboro LNG, and owner Pieridae Energy Ltd.…

May 4, 2021

Pieridae, Bechtel in Talks Over Nova Scotia LNG Export Project

Bechtel Corp. has been recruited as a candidate to build the delayed liquefied natural gas (LNG) export terminal on the Atlantic coast of Nova Scotia. Project sponsor Pieridae Energy Ltd. said Wednesday that Bechtel accepted an assignment to review the eight-year-old export proposal and present an execution plan by March 31. The agreement also requests…

September 30, 2020

Goldboro LNG Hits Regulatory Snag in Alberta Related to Supply Acquisition

A second attempt is under way to fulfill environmental rules for a supply deal for the Goldboro liquefied natural gas export facility proposed for Canada’s east coast after the Alberta Energy Regulator (AER) rejected the first transaction plan.

May 20, 2020

Nova Scotia’s Goldboro LNG Delayed on Covid-19 Fallout

The Covid-19 virus pandemic has inflicted delay on a planned liquefied natural gas (LNG) export project on Canada’s Atlantic Coast,Goldboro LNG, project sponsor Pieridae Energy Ltd. said Thursday.

April 16, 2020

FID for Goldboro LNG in Nova Scotia Possible in 2020, Says Exec

A C$16 million ($12 million) development expense budget will keep alive in 2020 the delayed plan to export natural gas from Canada’s Atlantic coast via the Goldboro terminal in Nova Scotia, according to project sponsor Pieridae Energy Ltd.

December 13, 2019

With Shell Deal Completed, Pieridae Secures Bulk of Gas for Goldboro LNG

Pieridae Energy Ltd. has closed the purchase of all of Shell Canada Energy’s midstream and upstream assets in the southern Alberta foothills for C$190 million ($142.5 million) in a deal that would provide the majority of gas needed to supply the first train at its proposed Goldboro liquefied natural gas (LNG) export facility in Nova Scotia.

October 17, 2019

Pieridae Slashes Goldboro LNG Terminal Budget by 56%

Low natural gas prices have slammed the 2019 planning budget for a natural gas export terminal on Canada’s east coast, with spending on the Goldboro project cut by 56% by sponsor Pieridae Energy Ltd.

August 9, 2019

Pieridae Orders Cost Review for Goldboro LNG Project

Pieridae Energy Ltd. announced an engineering review of costs for its delayed proposal to launch liquefied natural gas (LNG) exports from Canada’s Atlantic coast by building a mammoth Nova Scotia terminal, Goldboro LNG.

April 1, 2019

New Brunswick Legislature Narrowly OKs Lifting Ban on Unconventional Natural Gas Drilling

A crack opened Friday in provincial policy walls that have kept unconventional natural gas production out of Eastern Canada, when the New Brunswick legislature voted in favor of at least considering making an exception for a rich drilling target.

December 3, 2018
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