Pieridae Energy Ltd. said final investment decision on its Goldboro LNG project in Nova Scotia, Canada, has been delayed due to market conditions and the global fallout from COVID-19.
Alfred Sorensen, chief executive officer, said advancement work continues, “primarily with KBR to finalize a fixed price contract to design and build the facility.” While FID cannot be made this fall, the company is “confident it will happen once conditions improve and we can better analyze the landscape,” Sorensen said in a statement Apr. 16.
In April 2019, the company said it would make FID by midyear to begin construction before 2020. Pieridae expects Goldboro to begin exports by fourth-quarter 2023.
Goldboro will have a send-out capacity of 10 million tpy, loadable onto vessels as large as 250,000 cu m. The plant includes three 230,000 cu m storage tanks and will load 7-13 ships/month.
