Pieridae Energy (Canada) Ltd. has received environmental assessment (EA) approval for its proposed Goldboro LNG project in Nova Scotia.
Goldboro LNG consists of an LNG processing plant and facilities for the storage and export of LNG including a marine jetty.
“With EA approval, we will now focus on Front End Engineering and Design (FEED),” said Mark Brown, director of project development, Pieridae. “Throughout spring and summer we will be on-site in Goldboro, NS, to carry out studies that will assist with understanding project specific requirements.”
Goldboro LNG will produce up to 10 MTPA of LNG and will have on-site storage capacity of 690,000 cubic meters of LNG. Capital expenditures of the project are estimated at US$8.3 billion. Pieridae will make its final investment decision in 2015 and, if it decides to proceed, Goldboro LNG will be operational in 2020.