Proposed Goldboro LNG plant officially abandoned after more than a decade | CBC News ...Middle East

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Alberta energy company Pieridae is pulling up stakes in Nova Scotia and abandoning plans for a liquefied natural gas terminal at Goldboro on the province’s Eastern Shore. Pieridae is selling its Goldboro subsidiary, associated assets, licences and permits that include more than 108 hectares of undeveloped coastal industrial land in the province. The company says the asset sale concludes a “strategic pivot away from east coast LNG and toward an Alberta-focused natural gas production and processing business.” The decision was disclosed in financial results released earlier this month. The company first proposed an LNG terminal at Goldboro in 2012. The land-based facility would bring in natur

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