NOTE:  Pieridae announces start of construction preparations for Goldboro LNG in Nova Scotia

The company plans to start construction this year, with first delivery of gas to overseas customers in 2023. The Goldboro LNG project consists of an LNG processing facility, storage tanks and marine works. The facility will be located at the Goldboro Industrial Park in Guysborough County, Nova Scotia, Canada. The target markets are Europe, South America and Asia. Goldboro LNG is a Pieridae Energy Canada project.

From Pieridae’s Spring 2019 Newsletter:

In late October 2018, the Nova Scotia Utility and Review Board issued the permit to Pieridae that will allow it to build Goldboro. Trees have been cleared but ‘grubbing’, removing the roots, stumps and soil, will happen later. Last March and April, Pieridae worked with local company R MacLean Forestry to clear just under 200 hectares of trees and bush. The LNG site will sit on 115 hectares, with 85 hectares reserved for the temporary camp site and equipment.

In late December 2018, Pieridae and Ikkuma Resources became one company. This provides Pieridae with ownership of an extensive area of gas-producing wells and reserves in the Foothills of Central Alberta. Developing all of Ikkuma’ s assets should provide Goldboro’s with 60 per cent of the gas it needs for the first LNG liquefaction facility (or ‘Train’). Pieridae continues to look to buy further assets to supply all the gas needed at Goldboro.

(*Note: The Goldboro export terminal will be connected to the Maritimes and Northeast pipeline, which connects to Massachusetts pipelines at the Dracut hub. This connection could allow excess gas from our pipeline systems to be sent for export.)

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*Goldboro LNG website

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