June 7, 2021 – BOE Report
Pieridae Energy forms strategic partnerships – CCS and Clean Power LNG
By: Maureen McCall
… LNG proposed facilities have waned in popularity in the past year or so. Some were put on pause like Pembina’s Jordan Cove LNG in Oregon. Others lost funding like Kitimat LNG in BC. Some are still well placed after achieving FID like LNG Canada which is now under construction and others like Woodfibre, target making FID in the third quarter of 2021 and seem likely to proceed. ,
In a recent article, RBN Energy identifies 15 Probable, Pre-FID LNG Terminals in North America- 13 in the US and just 2 in Canada. Pieridae’s Goldboro LNG would be the 16th- on the list- Placing 3rd in Canada after LNG Canada and Woodside. Interestingly enough, one of the US front runners (NextDecade) is identified as the “greenest” due to their proposed carbon capture and storage system for the terminal capable of processing and storing as much as 5 million mt/year of the CO2 produced. RBN identifies reduced environmental impact as one of the 4 biggest trends for LNG offtake agreement conditions.
Read the full article here: https://boereport.com/2021/06/07/pieridae-energy-forms-strategic-partnerships-ccs-and-clean-power-lng/
