Goldboro LNG gets back on track
Renewed appetite for quick solutions to get gas to Europe has combined with a more scalable solution to revitalise liquefaction ambitions
A scaled-down version of the Goldboro LNG export project on Canada’s east coast is moving forward again. And this time it can apparently boast the support of the federal government, which aims to ship gas to the country’s democratic allies in Europe as quickly as possible. Goldboro LNG’s feedgas is to come from the gas-producing assets of its developer, Calgary-based Pieridae Energy, in the foothills of Alberta’s Rocky Mountains in the west of Canada. But last summer a large land-based version of the Nova Scotia project was put on hold, with Pieridae citing cost pressures and an inability to secure financing. Petroleum Economist spoke to Alfred Sorensen, the firm’s CEO, on what has changed b
Also in this section
3 May 2024
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind