Pieridae

Pieridae Targets Alberta Carbon Capture Project to Offset Goldboro LNG Emissions

Pieridae Targets Alberta Carbon Capture Project to Offset Goldboro LNG Emissions

Canada’s Pieridae Energy Ltd. announced last week that partner recruitment has begun for a greenhouse gas (GHG) disposal and clean power project in Alberta that would offset emissions from its planned Goldboro liquefied natural gas (LNG) project in Nova Scotia. Pieridae said the new project would repurpose its Caroline natural gas plant in central Alberta…

June 1, 2021
Goldboro LNG Still Eyes June 30 for Sanctioning as CEO Says Possibly ‘Last One Standing’ in North America

Goldboro LNG Still Eyes June 30 for Sanctioning as CEO Says Possibly ‘Last One Standing’ in North America

Planning work continues toward reaching a final investment decision by the end of June for the nine-year-old liquefied natural gas (LNG) export project from Canada’s Atlantic coast, according to Pieridae Energy Ltd. Executives said in the first quarter results the June 30 target stands to decide whether to move forward with the long delayed Goldboro…

May 13, 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

Goldboro LNG Project Delayed Until September 2020

A European sales contract deadline for a firm construction commitment by the proposed first Canadian east coast natural gas export terminal, Goldboro LNG, has been postponed until the end of September 2020.

July 12, 2019

Goldboro LNG Developer Pieridae Doubles Output with Alberta Purchase from Shell

A contender to launch liquefied natural gas (LNG) exports from Canada’s east coast, Pieridae Energy Ltd. has set out to double its production with a C$190 million ($142 million) purchase of Royal Dutch Shell plc legacy assets in Alberta.

June 27, 2019
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