Montreal is a pinch point for west-east Canadian gas transit
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
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
